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Cedar Direct LLC will invest $925,000 to open a distribution and warehousing facility in Spindale, N.C., joining existing locations in Dodgeville, Wi., and Chapel Hill, Tn.
Cedar Direct distributes cedar and specialty lumber to wholesalers and suppliers. The company supplies lumberyards, mills, supply houses, and contractors with high quality western red cedar and other specialty building products. This site will be a third location for the company offering boards, lumber, and timber in different sizes and edges and for various applications.
“We are happy to announce our third location in Spindale, N.C. A big reason we chose this location is the collaborative efforts between Cedar Direct and the Economic Development Partnership of North Carolina,” said Dale Hatfield, manager of Cedar Direct. “The progressive business stance the State has taken, along with the growing market of cedar, is really what led us to choose North Carolina. Cedar Direct is extremely excited to be a part of Spindale and serving the community.”
“Rutherford County has a storied history with manufacturing and industrial operations that will be a great foundation for Cedar Direct’s next phase of growth,” said North Carolina Commerce Secretary Machelle Baker Sanders. “This history, combined with our convenient, East Coast location and commitment to being ‘First in Talent’ will support the company for years to come.”
A performance-based grant of $50,000 from the One North Carolina Fund will help facilitate Cedar Direct’s expansion to North Carolina. The One NC Fund provides financial assistance to local governments to help attract economic investment and create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All One NC grants require matching participation from local governments and any award is contingent upon that condition being met.
“This investment is a great signal that the Town of Spindale is open for new business,” said N.C. Senator Timothy D. Moffitt. “I appreciate all the diligent work of the state and local officials, as well as the economic developers that helped bring Cedar Direct to our community.”
“This announcement is great news for Rutherford County,” said N.C. Representative Jake Johnson. “In light of the devastation left by the storms, it is more important now than ever to expand economic opportunities in our region and these good paying jobs will help do just that.”
