A South Carolina-based food processor known for supplying U.S. military combat rations will build a facility in North Carolina, creating 440 jobs in a county with one of the state’s highest jobless rates.
SO-PAK-CO Inc. and Gov. Roy Cooper announced on Tuesday the company’s $85 million investment in a new processing and packing operation in Laurinburg.
The new positions, which include managers, operators and administrative personnel, will have an average salary of more than $45,000, which is above the countywide average in Scotland County of $40,894, according to a news release from Cooper’s office.
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Scotland County’s 7.7% unemployment rate for August, as reported by the state Commerce Department, was the second highest among the 100 North Carolina counties.
SO-PAK-CO, based in Mullins, South Carolina, could receive $4.6 million in payments from the state over 12 years if it meets investment and job-creation thresholds. A state economic incentives panel approved the Job Development Investment Grant on Tuesday.
SO-PAK-CO is a leading company in producing shelf-stable, ready-to-eat meals. It provides food-processing services to federal, state and local agencies as well as commercial retail customers, Cooper’s news release said.
from U.S. News Today on Fox News https://www.foxnews.com/us/south-carolina-based-food-processor-build-facility-north-carolina