Thursday, January 28, 2010

Electronics Manufacturer to Bring 155 Jobs, $4.9 Million Investment to Durham County State Grant Helps ACW Technology Locate in Durham

Jan 28, 2010

Gov. Bev Perdue today announced that ACW Technology, an international manufacturer of digital, analog and radio frequency electronic devices, will open a new facility in Durham County.  The company plans to create 155 jobs and invest $4.9 million in Durham during the next three years.  The announcement was made possible in part by a $50,000 grant from the One North Carolina Fund.

“North Carolina is a prime location for electronics and other technology sector manufacturers seeking the best U.S. location to expand in a challenging global marketplace,” Gov. Perdue said. “Our top business climate, skilled workforce and superb quality of life continue to attract successful, growing companies like this one.”

ACW Technology Inc. is the wholly owned U.S. subsidiary of ACW Technology Ltd., headquartered in England.  The company manufactures printed circuit boards and electronic systems for the commercial, aerospace and defense industries, and provides logistics, testing and repair facilities.

ACW Technology plans to open a Durham manufacturing facility where printed circuit boards will be assembled and placed into electronic devices.  While salaries will vary by job function, the new positions will pay an average annual wage of $33,457, not including benefits.”   

“ACW Technology has found North Carolina to be very supportive of our expansion.  The state, with Department of Commerce support, has made this transition easy for us,” said Jeffrey Benes, company vice president and general manager.  “We like the high-technology pool of resources, availability of qualified workforce and the strength of the supply base.  Durham, centrally located in the Southeast, will allow us to serve future customers in the U.S. region.”  

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.

North Carolina continues to have a top-ranked business climate.  Through Gov. Perdue’s JobsNOW initiative, the state will work aggressively to create jobs, train and retrain its workforce, and lay the foundation for a strong and sustainable economic future.

Through use of the One NC Fund, more than 40,000 jobs and $7 billion in investment have been created since 2001.  Other project partners include: the N.C. Department of Commerce, N.C. Department of Revenue, N.C. Community Colleges, the City of Durham, Durham Chamber of Commerce, Durham Office of Economic and Workforce Development, Research Triangle Regional Partnership and the Association for Corporate Growth, Raleigh-Durham Chapter.

For more details about ACW Technology, go to:  For information on North Carolina job opportunities with the company, contact the Employment Security Commission Durham Office and JobLink Career Center, 1105 S. Briggs Ave., Durham, or call 919-560-6880.