ace-avant-is-set-to-grow-in-archdale

Ace Avant is set to grow in Archdale

January 2, 2016

By J.D. Walker
jdwalker@courier-tribune.com 
Twitter: @JDWalkerCT


ASHEBORO — Ace Avant Concrete Construction Co., Inc. is growing and will ask Randolph County commissioners to help with an expansion at Monday’s commissioners meeting.

Ace Avant has been in business at 109 Seminole Drive since 1990, offering concrete construction services as well as site grading and utility services. Since its start, the company has constructed more than 270 million square feet of industrial floors and tiltā€up wall panels with the help of 225 full-time employees.

According to information from the Randolph County Economic Development Corp. (EDC), the company has purchased property at 5320 Poole Road in Archdale to relocate a portion of its business and expand.

The main building at the Poole Road property has been vacant since its purchase in January 2015. Prior to the Ace Avant purchase, it was used once a month for a livestock sale. The building is essentially a shell which will need to be upfitted with concrete flooring, insulation, loading docks, new wiring/lighting and a sprinkler system.

Kevin Franklin, EDC existing industries coordinator, will ask commissioners Monday to assist in Ace Avant’s application for a building reuse grant from the N.C. Department of Commerce, Rural Division, in the amount of $220,000.

If approved and accepted, the grant requires a local match from the county of $11,000. Work is expected to start on the project in January.

In return for the economic incentives, the company plans to invest $1,546,755 in property acquisition, building renovation and purchase of equipment. It will create 22 new full-time jobs over 18 months. The average salary of the new employees would be $31,705, and the company benefits package includes healthcare, paid holidays, 401K with 4 percent company match, life insurance, dental insurance, length of service bonus and performance bonus. The salaried positions also receive two weeks paid vacation and disability insurance.

Anyone interested in addressing the board about the project can take part in a public hearing on the proposal at 6:30 p.m. Monday in the Randolph County Historic Courthouse Meeting Room, 145-C Worth St., Asheboro.

Source:- See more at: http://courier-tribune.com/news/business/ace-avant-set-grow-archdale#sthash.WnXfWRXF.dpuf