Ossid Receives a Major Investment Grant from North Carolina
Ossid plans major investments in products and services over the next three years
Rocky Mount, NC - Ossid, a division of Pro Mach, will receive a $200,000 business investment grant from the state of North Carolina aimed at increasing employment and keeping Ossid in the state as a valued employer.
Gov. Bev Perdue announced this week that Ossid would remain in the state. The company had seriously considered moving to South Carolina, but the grant from the One NC fund plus local matching grants helped the company remain at its Rocky Mount facility.
"It's important not only to recruit new companies to North Carolina, but also to serve industries that are already here," said Gov. Perdue. "We are thrilled that Ossid has decided to remain in North Carolina and look forward to a long-term partnership."
According to the terms of the One NC grant, Ossid will retain 79 jobs, create 6 new jobs, and the company will invest approximately $850,000 in product development, technical support, and facility upgrades over the next three years. Ossid will be eligible for $200,000 in benefits from the One NC fund, plus city and county matches, after the company meets job creation, retention, and investment targets.
"The One NC grant is, in our view, an innovative approach by North Carolina for investing in local job creation and business growth now and well into the future," said Bud Lane, President of Pro Mach's Primary Packaging Business Unit. "The grant plus our own projected investment will be used to take the company to the next level of product innovations, customer service, and required business infrastructure."
Visit www.ossid.com to learn more about the company's high-speed packaging equipment, including weigh-price labelers, overwrappers, horizontal form-fill-seal machines, and in-motion case scales.
About Pro Mach
Pro Mach is a leading provider of integrated packaging products and solutions for food, beverage, household goods, pharmaceutical, and other diverse consumer and industrial companies. Through three business units and related brands, Pro Mach provides equipment, training, installation, and parts in primary packaging, end-of-line packaging, and identification and tracking.
Pro Mach has a diverse customer base, from Fortune 500 companies to smaller, privately-held businesses worldwide, which depend on reliable, flexible, technologically advanced packaging equipment and integrated solution sets. Pro Mach is headquartered near Cincinnati, Ohio with manufacturing facilities and offices throughout the United States and Canada.
For more information about Pro Mach visit our website at www.ProMachInc.com.
Media Contact:
Jack Aguero
770-965-9458
Pro Mach provides reliable packaging equipment and integrated solution sets from trusted brands that boost your ROI and minimize your headaches.
