Thursday, September 4, 2014

CE FoamSolutions Adding 20 New Jobs in Burke County

Expansion Will More Than Double Current Workforce
Sep 4, 2014
Raleigh, N.C. - Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced today that CE FoamSolutions, LLC is expanding operations in Burke County.  The company plans to create 20 new jobs and invest $98,000 over the next three years in Valdese.
 
“It is great to see one of our existing industries expanding its operations in North Carolina,” said Governor McCrory. “CE FoamSolutions is tied to one of our traditional industries here, and the market is growing not only in our state, but the region, increasing the demand for these materials made in Valdese.”  
 
CE FoamSolutions, LLC manufactures fabricated foam cushions and foam and fiber padding to be used in upholstered furniture. The company currently serves customers in North Carolina and Virginia, but could expand in other parts of the southeast as business grows.  CE FoamSolutions currently employs 17 at its Valdese plant.
 
“North Carolina’s western region continues to see growth among existing employers,” said Secretary Decker. “And the next time you buy upholstered furniture, your comfy seat may be thanks to the foam cushions made right here in North Carolina!” 
 
Salaries will vary by job function, but the annual payroll for the new jobs will be $515,440.
 
“CE FoamSolutions is poised for growth in western North Carolina, as a key supplier of furniture components in an industry experiencing a resurgence due to recent ‘re-shoring’ in  furniture manufacturing,” said Quez Little, CFO of CE FoamSolutions.  “The grant from the One North Carolina Fund will enable us to upgrade our equipment and systems to be more competitive, not only for new business, but also in recruiting technically skilled workers.”
 
The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $20,000. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds.  These grants also require and are contingent upon local matches.
 
“Congratulations to CE FoamSolutions for doubling its workforce in Valdese,” said Senator Warren Daniel.  “These new jobs are a welcome addition to Burke County and will be a great addition to our local economy.”
 
"CE FoamSolutions' expansion is another signal that the furniture industry is making a comeback in North Carolina," said Representative Hugh Blackwell.  "It is great to see one of our area's traditional industries growing again here in Burke County." 
 
“It is great to see CE FoamSolutions expanding its operations in Burke County,” said Representative Mike Hager. “Job creation is very important for the community to help strengthen our economy.” 
 
Other partners that helped with this project include: the N.C. Department of Commerce, N.C. Community Colleges, Western Piedmont Community College, Burke Development, Inc., Burke County and the Town of Valdese.

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