Biz Roundup: Rowan County posts highest growth in employee payrolls in North Carolina – Salisbury Post

SALISBURY – Rowan County experienced the strongest annual employee payroll growth in North Carolina from 2012 to 2018, according to a recent report by the North Carolina Free Enterprise Foundation.

Nine counties in North Carolina saw payroll growth of at least 100%, but Rowan was the only one to record more than 200% with a total growth of 246%. Out of the 17 industries measured, Rowan’s payroll increased in 16 of them, with growth of at least 25% in 15 of them.

“This is further proof that business in Rowan County is booming,” said Rod Crider, chairman of the Rowan Economic Development Council, in a press release. “We are seeing continued job growth – especially with well-paying jobs – and don’t expect that growth to slow down anytime soon.”

Rowan County also ranked ninth among suburban counties with a 17% increase in the average number of employees, and 10th with a 6% increase in the total number of businesses.

Rowan County unemployment rate drops slightly in August

SALISBURY – Rowan County’s unemployment rate edged down from 4.6% to 4.5% from July to August, according to the North Carolina Department of Commerce.

Rowan County was not alone in seeing its unemployment rate drop. Unemployment rates fell in 93 of North Carolina’s 100 counties in August. Unemployment rates released by the Commerce Department are not seasonally adjusted, which means seasonal hiring patterns have not been factored into the equation.

Rowan County’s 4.5% unemployment rate in August was a huge drop from August 2020, when the county’s unemployment rate was 7.2%. Rowan’s unemployment rate was higher than that of his neighbors. Davie County’s unemployment rate in August was 3.9%, Cabarrus was 4%, Davidson and Stanly counties both had unemployment rates of 4.1%, and Iredell’s rate was 4.2%.

With 2,919 people unemployed out of a labor force of 65,580, Rowan County’s August unemployment rate was 55th in the state. The Charlotte-Concord-Gastonia metropolitan area, of which Rowan County is a part, recorded an unemployment rate of 4.3% in August.

Continental Structural Plastics now under the Teijin Automotive Technologies brand

SALISBURY – Continental Structural Plastics is one of five companies that have merged into a single brand now known as Teijin Automotive Technologies.

The other four companies included in the merger are Inapal Plasticos, Benet Automotive, CSP Victall and Teijin Automotive Center Europe. The move establishes a unique organization with a global footprint and 5,400 employees.

Located at 6701 Statesville Blvd, Continental Structural Plastics announced a $ 45 million investment last year to expand operations at its Rowan County plant.

Teijin Automotive Technologies plans to maintain its location in Salisbury, along with each of its 28 other manufacturing and technical centers.

“With the integration of these organizations, we can provide expertise in a wide range of materials enabling us to develop solutions that address our customers’ most difficult design challenges,” said Steve Rooney, CEO of Teijin Automotive Technologies , in a press release. “Now, as Teijin Automotive Technologies, we are able to develop new materials, find them where and when they are needed, and provide the expertise that meets the world’s ever-changing mobility needs. ”

Rowan County Chamber of Commerce hosts after-hours business at Bell Tower Green

SALISBURY – The Rowan County Chamber of Commerce is hosting an after-hours networking event at Bell Tower Green Monday night from 5 p.m. to 7 p.m.

The event is free for Rowan Chamber of Commerce members and open to non-members for a fee of $ 20 payable at the door. Dress for the social event is casual and attendees are encouraged to bring business cards both for trading and for entering a door prize draw.

This after-hours activity is sponsored by Johnson Concrete Products and Stalite, who will provide snacks. The new Sarum beer and Morgan Ridge wine will be available for purchase.

More information and the online registration page can be found at www.rowanchamber.com.

Salisbury town center gears up for Halloween Fun Fest

SALISBURY – Salisbury town center will host the Halloween Fun Fest on October 30 from 5 p.m. to 8:30 p.m. in the city center and Bell Tower Green.

The fun begins with sweets from downtown merchants from 5 p.m. to 6 p.m. The artists will perform from 5 p.m. to 7 p.m. and a costume competition will take place from 6 p.m. to 7 p.m. from 7 p.m. to 8:30 p.m.

Throughout the night, jack-o’-lantern lights will be on display at Bell Tower Green. Those wishing to submit a pumpkin lantern can pick up bags with supplies at the City Park Recreation Center, Salisbury Town Hall, Hall Gym, Salisbury Civic Center, or Miller Recreation Teen Center during their hours of operation. . The lights must be returned to Town Hall before October 29 at 5 p.m. to be exhibited.

Downtown businesses wishing to sign up for a trick-or-treat must do so no later than Wednesday. Sweets will be ordered at the end of the week and will only be provided to registrants.

More information can be found online at Downtownsalisburync.com.

Kannapolis allocates $ 56,000 to local organizations with funding from CDBG

KANNAPOLIS – Kannapolis City Council has approved the distribution of $ 56,000 to local organizations from its 2021-2022 Community Development Block Grant fund allocation. The funds are intended for activities that benefit low and moderate income residents of the city. Grants have been awarded to:

• Academic Learning Center – $ 4,000 to use for after-school tutoring, stipends and supplies

• Big Brothers Big Sisters – $ 5,000 to support and develop a youth mentorship program in partnership with Kannapolis police officers

• Classroom Central – $ 4,000 to provide free school supplies to teachers at Kannapolis City School (KCS)

• Free community clinic – $ 5,000 to be used for a health equity program targeting vulnerable populations

• Dispute Resolution – $ 1,000 to support the youth court and truancy programs that serve KCS

• El Puente Hispano – $ 5,000 to strengthen programs for Latin American families within KCS

• Families First – $ 5,000 to start a new program focused on employment, education and childcare in English and Spanish

• Feed Kannapolis – $ 4000 will be used for fresh produce for local families

• Rowan Meals on Wheels – $ 2,500 to provide free meals to seniors in Kannapolis

• Operation Homeless: $ 1,500 to be used for food, transportation, utilities and housing assistance

• Opportunity House – $ 5,000 to support the Day Shelter Program which provides meals, showers, laundry, clothing, health care and computer access to those in need.

• Prosperity Unlimited, Inc. – $ 5,000 to provide comprehensive housing advice

• Ministries raised – $ 4000 to be used for a community garden

• Vision for Life – $ 5,000 to use for a distance learning program

Funding requests are reviewed by the Community Improvement Commission and city staff, who make funding recommendations to City Council.

For more information on CBDG grants, the Community Improvement Commission or Community Development, visit kannapolisnc.gov or contact Sherry Gordon at [email protected].

North Carolina recognizes October as Minority Business Development Month

Governor Roy Cooper proclaimed October Minority Business Development Month to recognize the achievements of minority businesses, corporations and financial institutions statewide.

“Historically underutilized businesses are an asset to our state’s workforce and economy and play a vital role in our state’s innovation and success,” Cooper said in a statement. “This center will provide them with the tools they need to continue to develop. “

According to the US Small Business Administration’s 2021 Small Business Profile, racial minorities make up 29.1% of workers and own 19.3% of businesses in North Carolina. North Carolina women make up 47.9% of workers and own 44.2% of state businesses.

“The pandemic has been a challenge for all of us, but especially for the communities of color that have been hit hardest,” said Pamela B. Cashwell, secretary of the North Carolina Department of Administration, in a statement. communicated. “As we take this opportunity to celebrate the many accomplishments of our minority businesses, we must also continue to provide resources to help these businesses thrive after the pandemic.”

The North Carolina Department of Administration’s office for historically underutilized businesses on Friday opened a Minority Business Development Agency business center in Research Triangle Park to help support minority businesses .

The center is funded by a five-year grant from the US Department of Commerce, which oversees the MBDA program. MBDA Business Centers provide minority-owned businesses with a platform to reach global and domestic markets, improving growth, access to capital, contract opportunities and help identify strategic partners .

The new MBDA Business Center will be open Monday to Friday, 8 a.m. to 5 p.m., starting October 11.

Until the end of the year, cities across the state will be hosting workshops and educational events that commemorate the achievements of minority entrepreneurs. Find more information about the NC MBDA Center and other events on the NCDOA website.


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