For the original local Press Release: http://www.gaston.org/clientuploads/2020_Local_Press_Release_for_MAX_4.06.pdf
For the original NC Commerce Press Release: https://www.nccommerce.com/news/press-releases/advanced-manufacturer-invest-215-million-gastonia
Monday, April 6th, 2020: The Gaston County Economic Development Commission is pleased to announce that the DYMAX CORPORATION will purchase approximately 16 acres from KRM Development, located on Chief Court, in the Gastonia Technology Park (GTP). DYMAX CORPORATION plans an initial investment of up to $21.5 million to construct an advanced manufacturing operation in the GTP. The company intends to create approximately 59 jobs within five years. The proposed average annual wage is $59,814.The EDC has been working with the consultants since November of 2018 on this project.
Dymax Corporation is a leading solutions provider of integrated rapid and light-cure formulations and equipment for the consumer and automotive electronics, aerospace, defense, and medical markets. By developing a deep understanding of our customers’ challenges, we are able to provide solutions for each unique opportunity.
“Dymax is experiencing steady and significant growth, and our expansion from our Northeast roots into North Carolina opens doors to outstanding labor, technical, and logistic resources,” said Aaron Mambrino, President of Dymax North America. “The combination of available resources and solid support from state and local officials made North Carolina a great choice.”
“We are excited to welcome the DYMAX CORPORATION to Gaston County and to the Gastonia Technology Park. This firm is a great addition to Gaston County’s business community!” said Mr. Tracy Philbeck, Chairman of the Gaston County Board of Commissioners. He further stated, “The recruitment of global companies was a key reason for the County’s development of the Gastonia Technology Park. If we are to compete for quality economic projects, Gaston County has to provide the proper physical setting for industry. With the Apple Creek Development, as our next industrial product, we will soon be ready for the future.” Chairman Philbeck added, “We look forward to the next step of this great project --- the construction of the advanced production facility. Gaston County looks forward to our lifelong relationship with the DYMAX CORPORATION.”
“I am very proud that the Gastonia Technology Park was chosen for the DYMAX CORPORATION’S newest facility. This project demonstrates that positive results have come from the dynamic partnership between the City of Gastonia and Gaston County. And the success of the GTP is further proof of how we are working together. The City of Gastonia offers many amenities to businesses seeking to locate here, including our close proximity to Interstate 85 and the Charlotte-Douglas International Airport. Also, the City consistently works to provide a high level of service to attract quality companies. Gastonia strives to create a prime business environment while providing the work-life balance many are seeking when applying for jobs. We believe our community provides a great quality of life for global firms like DYMAX, which translates into opportunities to successfully recruit and retain great employees,” said City of Gastonia Mayor Walker E. Reid, III. “On behalf of my fellow members of City Council, I want to officially welcome DYMAX CORPORATION to the City of Gastonia and to the GTP for its newest venture and we look forward to a prosperous future.”
"As Chairman of the Gaston County EDC, I want to extend our sincere appreciation to the DYMAX CORPORATION for announcing their newest expansion of the company’s advanced manufacturing operation is to be built in the Gastonia Technology Park. We welcome them to our community and are grateful for their investment which is to create quality jobs in Gaston County. I would like to extend my deepest thanks to the Gaston County Board of Commissioners, the Gastonia Council and the staff of the Economic Development Commission for their diligent work to make this project possible." Stated Mr. Robert Browne, Chairman of the Gaston County Economic Development Commission.
The Gaston County Economic Development Commission would like to thank our partners in this successful industry location of the DYMAX CORPORATION – the Gaston County Board of Commissioners, the Gastonia City Council, KRM Development; Cushman & Wakefield, the Economic Development Partnership of North Carolina, the North Carolina Department of Commerce, Allen Tate Relocation and Gaston College.
Mr. Donny Hicks,
Gaston County EDC