S & D announcement great for Cabarrus; other parts of NC not so - WBTV 3 News, Weather, Sports, and Traffic for Charlotte, NC

S & D announcement great for Cabarrus; other parts of NC not so fortunate?

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CONCORD, NC (WBTV) -

An announcement of 200 new jobs is a welcome thing  for anyone in a struggling economy.  But when we hear about companies hiring, are we also hearing about jobs that are lost?  And is any real progress being made across the region and the state?

You don't have to add a lot of sugar to sweeten the S & D Coffee served at Mr. C's in Concord.

The local favorite is the biggest coffee roaster in the US, and it just announced an expansion and 200 new jobs.

"This is a terrific piece of news that S & D is not only going to stay in Concord and Cabarrus County, but they are going to expand," Concord Mayor Scott Padgett told WBTV.

 It is estimated that the expansion will have a $48 million economic impact in the area. Expansion incentives were approved by the State of North Carolina, the City of Concord and the County of Cabarrus. 

"Our business continues to grow and expand at a time when many companies have struggled" said Ron Hinson, Chairman of the Board, President, & CEO of S&D Coffee and Tea. "We considered locations in other states for this new round of expansion, but decided to stay in North Carolina and the Concord community.  We thank the state of North Carolina, Cabarrus County and the city of Concord for their tremendous support.  It seems fitting that S&D's bright future as a premier national manufacturer should advance in the same community where we have been since 1929."

And it's good news here at the Employment Security Commission Job Link office.

"We're thrilled, we're always happy when someone is going to hire, especially a well known companylike S & D," said Carol Moffitt, Assistant Manager of the local office.

There are many counties that would love to have news like this. Cabarrus is fortunate in that it has a better employment rate than most of its neighbors, but there are still challenges here.

The closing of the Philip Morris plant in 2009 cost 1000 jobs, and that site is still mostly empty. And that's a typical story across the state.

"Region wide is still very tough, it's the most competitive time that any of us can remember for jobs and economic development, that's why this project is so important," Padgett added.

And for those looking for work, it's still a hit or miss proposition.

"We try to instill patience, but that's hard when the economy's been like it has," said Moffitt.

The positive side includes the 200 new jobs in Concord, but then up the road in Winston-Salem, Wake Forest University Baptist Medical announced it was eliminating 950 jobs.

The jobs at S & D will be implemented over a five year period.  The company is also taking over two spec buildings near the Concord Regional Airport as part of the expansion.

The expansion sites at 7955 and 7975 West Winds Boulevard in Concord (near the Concord Regional Airport) will expand S&D's capacity for coffee, tea and extracts production. S&D looked at a number of potential sites in North Carolina and other states, but settled on Concord in Cabarrus County.

The new locations are close enough to capitalize on synergies with headquarters' manufacturing and staff support, but far enough away to provide redundancy as a prudent risk management measure, according to the company.

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