Board Converting News, May 16, 2022

Max Solutions To Invest $27 Million, Create 150 New Jobs In Concord, NC

Max Solutions, Inc., a specialty packaging manufacturer, will invest more than $27 million and create 150 new jobs in Concord, North Carolina, ac- cording to multiple media report. Started by packaging industry veterans in 2021, Max Solutions is a new- ly formed manufacturer of highly specialized packaging. The company produces custom folding cartons, labels, and inserts for the health care

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and consumer industries. With sustainability at the forefront, the Concord facility will be Max Solutions’ second manufacturing facility and will cover 150,000-square-feet with state-of-the-art technology to meet market de- mands along the East Coast. “We are thrilled to be returning to North Carolina,” said Dennis Kaltman, President and COO of Max Solutions, Inc.“ The Concord location will allow us to service our customer base in North Carolina, South Carolina, and Vir- ginia. Furthermore, this facility will have the same state of the art equipment as its sister facility in Pennsylvania, which will allow Max to service its entire customer base as necessary. “We particularly appreciate the efforts of the North Carolina Department of Commerce over the past few months as we searched and identified what we believe to be an ideal facility. We look forward to partnering with North Carolina as we identify and train the skilled labor necessary to oper- ate our facility.” “Our attention to workforce training gives growing companies the con- fidence they need to operate in our state,” said N.C. Commerce Secretary Machelle Baker Sanders. “As North Carolina continues to lead the south- east in manufacturing, we remain committed to our First in Talent plan, which guides the state in preparing a diverse workforce for the jobs of today and tomorrow.” The North Carolina Department of Commerce led the state’s efforts to support Max Solution’s location to North Carolina. Although salaries for the new positions will vary, the average annual salary for the new positions is $67,253, which is more than Cabarrus County’s annual average wage of $43,687. The project could create a potential annual payroll impact of more than $10 million per year for the region. Max Solution’s project will be facilitated, in part, by a Job Development An architectural rendering of the proposed Max Solutions facility in Concord, NC.

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May 16, 2022

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