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State Grant Helps Saertex Expand in Huntersville

31 October 2010

Saertex will expand its current facility in Mecklenburg County, planning to create 178 jobs and invest $6.5 million over the next three years in Huntersville.

The project was made possible in part by a $110,000 grant from the One North Carolina Fund.

Creating jobs remains my number one priority, especially in fast-growing sectors such as the green economy, said Gov. Perdue. High-tech manufacturers continue to be attracted to North Carolina by our skilled workforce and top-ranked business climate. Todays announcement, and others like it, confirm the top national economic rankings that keep rolling in for North Carolina.

Saertex is headquartered in Saerbeck, Germany and has locations in France, Germany, Portugal, South Africa, India, China and the U.S. The company opened its first North Carolina facility in 2000 and currently employs 126 in Huntersville.

Saertex USA appreciates the support of Gov. Perdue and the State of North Carolina in helping increase our footprint in North Carolina, while supporting wind and other green industries in the United States, said Dr. Christian Kissinger, General Manager of Saertex USA. We are encouraged by the recognition and the vision of the State of North Carolina in promoting new technologies like composites in the transportation and renewable energy sector. While we continue to focus on bringing new technologies to the market that will create more efficient transportation systems and wind turbines, it is the support of local, state and federal governments that will lay the necessary groundwork.

Saertexs announcement is terrific news for Mecklenburg County, said Sen. Malcolm Graham, of Mecklenburg. It also shows that our economic strategy is working. Instead of cutting to the bone during the recession, we invested in education, worker training, transportation and other infrastructure that helped build and maintain a top-tier business climate. Thats why companies like Saertex are expanding and other firms are moving to North Carolina.





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