Asheboro's Report Card

June 30, 2012

Randolph County Economic Development Corporation

Asheboro's Metrics:

Over the last four years, the manufacturing sector has seen significant growth across Asheboro and Randolph County from new and expanding industries:

1,391 new jobs announced
$272,415,000 in new capital investment
2,257,000 square feet of vacant space sold or leased to new users
710,000 square feet of new construction for manufacturing

Site Selection Magazine announced that, for the fifth year in a row, the Greensboro-High Point Metropolitan Statistical Area (MSA) earned a Top 10 national ranking for attracting new industry among similar-sized areas in 2011.  Asheboro and Randolph County are included in the three-county MSA.

Just in 2012, we have great news to share…

MOM Brands is adding 50 new jobs to its Asheboro cereal manufacturing operation after completing a $140 million expansion that more than doubled its plant to 350,000 square feet.  The Minneapolis based company makes a variety of ready to eat cereals as well as instant oatmeal.

United Furniture Industries is planning an expansion that will add 70 new jobs to its Archdale operation. The company is one of the largest domestic seating manufacturers in the US and has grown its North Carolina workforce to over 1,000 in ten years. 

Ultra Craft Cabinetry announced that they are adding 40 new jobs to produce the Destiny line of cabinet products at their Liberty facility.  Ultra Craft is a division of Norcraft Companies and employs 210 at the Randolph County operation.  

Americhem received the Employer of the Year award for job creation at its new Liberty manufacturing operation.  Americhem launched production of colorant additives in 2012 after purchasing three industrial facilities. 

And the good news doesn’t stop there…

Asheboro has been named a Certified Retirement Community by the NC Department of Commerce.  The award designates communities that offer unprecedented quality of living that is desirable to retirees including demographics, housing, healthcare, leisure and cultural opportunities.

Asheboro and the Piedmont Triad region are home to the nation’s second largest Interstate Highway system.  Completion of Interstates 73 / 74 in Randolph County is scheduled for early 2013, creating an artery linking the Midwest to the southern Atlantic coast.

Randolph Community College is celebrating 50 years of outstanding service in 2012.  The college will open a new LEED certified training center and classroom in January 2013.  The project is funded by a voter approved sales tax to meet capital needs growth of the College.

Randolph Hospital will develop a new PACE senior adult day care and wellness center with a medical clinic in Asheboro.  The new center is one of only a few such pilot centers in the US to meet the needs of medically needy seniors over 55 with services designed to extend their ability to remain in their home and community.  The project will result in 45 new jobs within 2.5 years.

Asheboro City and Randolph County Schools announced that student graduation rates are now over 80% in the most recent school year.  83% of our graduates plan to seek higher education upon graduation.