Carolina Color Corp. has purchased two buildings near its headquarters site in Salisbury, N.C., to allow for future expansion.
The two buildings purchased by CCC are an existing manufacturing site and an older house. The manufacturing site will be renovated, while the house already has been torn down, officials said in an Oct. 1 news release.
These moves will allow CCC to add 45,000 square feet of new space — and will allow the firm to remain in Salisbury.
“It didn't make sense for the company to relocate or expand anywhere else,” CEO Matt Barr said in the release. “For nearly 50 years, our company has benefited greatly from the Salisbury and Spencer communities' dedicated work force and strategic location to key cities in the Southeast corridor.”
CCC also operates a plant in Delaware, Ohio. The firm posted sales of about $50 million in 2014, up 5 percent vs. 2013.
Combined employment at the two sites is 110. In the last five years, CCC has spent almost $10 million on R&D, plant upgrades and new equipment.