Claremont NC
California Company Relocating to Spec Building in Claremont
 
Posted on Monday July 18, 2016
 
DAE Systems (Dynamic Air Engineering, Inc.) just announced that it will fully relocate all operations including the headquarters, research and development and product manufacturing from California to the spec building in Claremont's International Business Park.
 

"Today's announcement from Governor McCrory about the newest business coming to Claremont is great news! We have been working with our state and local partners for a while now to complete this project and it is exciting to see it completed," said Mayor Shawn R. Brown. 

DAE systems has committed to investing a minimum of $7,255,000 on the acquisition and completion of the facility and creating a minimum of 53 new jobs over the next 5 years. The average wage of all new jobs will greatly exceed the county average wage. 

The announcement was made possible in part by a One NC Fund grant of $110,000. The grant was announced today by Governor McCrory, the Economic Development Partnership of NC, and the NC Department of Commerce. Local incentives will be based on job creation and investment performance standards will be considered in an upcoming public session by local governing boards. 

DAE systems was founded in 1942 and is a third generation family-owned manufacturer of military and FAA-qualified equipment for the commercial aerospace and defense markets. Their product ranges from highly engineered air moving and motion control products to fabricated and machined structures for aviation and defense companies worldwide. 

For additional information, please see the attached press releases. 

 
 
Documents
Catawba County EDC Press Release
Catawba County EDC Press Release
Governor's Office Press Release
overnor's Office Press Release
 
 
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