Global Products Group to invest $5.5 million in Oakboro
Global Products Group, a manufacturer and distributor of botanical products, will expand its North Carolina operations in Oakboro.
Global Products Group (GPG) plans to create 20 new jobs and invest $5.5 million in the Oakboro facility.
“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,” GPG Head of Supply Chain Management Shawn Hatley said.
GPG sources hraw materials and pairs science with technology to deliver personal care products to consumer brands. Utilizing a vertically integrated supply chain, GPG has the ability to deliver a traceable line of products from seed to shelf.
On Feb. 1, the Stanly County Board of Commissioners approved tax incentives to encourage the new investment and job creation. Oakboro approved incentives on Feb. 15.
“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,” said Bill Lawhon, chairman of the Board of Commissioners.
Oakboro Mayor Joyce Little added, “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.”
The Stanly County Economic Development Commission and Stanly County Board of Commissioners extend their gratitude to the Town of Oakboro and the Economic Development Partnership of North Carolina for their partnership and support.
“I am pleased to support Global Products Group’s growth in Oakboro,” Rep. Wayne Sasser (R-Stanly) said. “I anticipate this announcement, paired with other recent announcements in western Stanly, will continue to economically benefit the entire county.”
For more information regarding Global Products Group, LLC visit https://globalproductgroup.com/
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