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Where is Red Bull and Rauch Creating 400 New Jobs? | NILRR
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Where is Red Bull and Rauch Creating 400 New Jobs?
Red Bull is partnering with Rauch in order to build a new manufacturing and distribution center in Right to Work Concord, North Carolina. The two together will also invest $740 million to make this possible. And as a result, they plan to create 400 new jobs. So this will be a great economic addition for Cabarrus County!
From Area Development Magazine:
“Global manufacturers need a world-class workforce to support their expansion plans. […] In North Carolina, Red Bull and Rauch have chosen the largest manufacturing workforce in the Southeast and a resilient business climate with an excellent transportation infrastructure to support their long-term growth.” […]
Red Bull [expects] to grow the state economy by $279 million. Potential reimbursement of $1,008,000 spread over 12 years for 90 new jobs; Rauch will grow the state economy by $1.5 billion. Potential reimbursement of $3,057,000 spread over 12 years for 323 new jobs. […]
“We are excited to see the partnership that Red Bull and Rauch are creating here in North Carolina. […] Like this partnership, North Carolina’s success is supported by strong economic and workforce development partnerships, which will continue to attract growing companies that are creating good paying jobs and impactful investments statewide.”
AREA DEVELOPMENT MAGAZINE
To read more updates on Right to Work states, click here .
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