Both Stanly County and the town of Oakboro have approved tax incentives for Global Products Group (GPG) to establish a research and manufacturing lab. The $5.5 million investment is expected to open in July and will create 20 new jobs. The lab will enhance the leadership role GPG serves in the South East.
The incentives were approved on Monday, February 15th. Of the incentive, Bill Lawhon, Chairman of the Board of Commissioners stated, “I welcome Global Products Group to Stanly County. The investment and jobs created will benefit the citizens of Stanly County. It’s exciting to see companies expand or move to our county. Job growth and additional investments are extremely important for all of our citizens.” Oakboro Mayor, Joyce Little echoed his sentiments stating, “We are pleased that Global Products Group is expanding its business creating 20 new jobs. It will be beneficial for the Town of Oakboro and Stanly County.”
Homegrown in Oakboro, GPG Head of Supply Chain Management, Shawn Hatley, is excited about the decision stating, “As a fourth-generation farmer in Oakboro, NC, we are at the leading edge of agriculture and consumer health. We are grateful for the community’s support and ability to expand operations to better support national and international clients.”
Stanly County residents are also looking forward to the expansion, including North Carolina State Representative Wayne Sasser who stated, “I am pleased to support Global Products Group’s growth in Oakboro. I anticipate this announcement, paired with other recent announcements in western Stanly, will continue to economically benefit the entire county.”
As a leader in the manufacturing and distribution of botanical products, Global Products Group combines science with cutting edge technology to produce personal care products for consumer brands. GPG’s vertically integrated supply chain creates a traceable line of products that buyers can trust.
Special thanks to the Stanly County Economic Development Commission for all your hard work!
You can read the official Stanly County press release here.