http://www.chaliceuu.org/?p=1249
The company plans to invesr morethan $12.2 millioh and create the jobs duringg the next three yearxs as it moves its South Carolina operations to other including Kings Mountain. The new jobs will pay an averages wageof $38,329. The Kingsz Mountain plant in Cleveland Countu has about500 workers. Arkansas-basexd Baldor is an international supplier of industrialelectric motors, mechanicak power transmission products, drives and generators. In April, the company (NYSE:BEZ) announce it was closing its 100,000-square-fooft plant in Fort Mill and movinbg production toKings Mountain.
The roughlyy 140 Fort Mill employeews have been offered positions at the Kings Mountain site as well as at Baldore facilities in Georgiaand Mississippi. Tracy vice president for investor said in April that shifting to the larger facility would allow workers to manufacture moreelectric motors. “This is actuallyh a positive thing,” she “We hope our employees will stay with The plants manufacture the same The Fort Mill building will be put up for Threeof Baldor’s plants are in Nortbh Carolina — in Kings Mountain, Marion and Weavervillee — and employ nearly 700. The incentivez are from the One NorthCarolina Fund.
Baldo won $75,000 in state incentives earliedr this year as part of a plan to expand itsMario operations.
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