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Sunday, May 26, 2024

Smart materials company to locate headquarters in Greensboro

Phase Change Solutions, a manufacturer of products for temperature management, will add 35 new jobs in Guilford County. The company’s investment in the new U.S. headquarters and manufacturing operation in Greensboro is expected to be more than $3.5 million, according to a release from the state.

Phase Change Solutions, which had been headquartered in Asheboro, manufactures advanced materials for temperature management for various industries. From construction to pharmaceuticals, the company offers energy efficient solutions with the use of innovative technology to analyze energy necessities and consumption for unique applications. The company’s new location will expand the company’s production capacity and consolidate its research and development, warehouse, and headquarters operations to Greensboro.

“Our new location in Greensboro will be an extension of our evolution to be a world class advanced materials company,” says Govi Rao, CEO of Phase Change Solutions, in a statement released by the state. “We are very excited to partner with the State of North Carolina that has a rich heritage of deep technology combined with access to the best talent in the country and commitment to enable the transition to a circular and a decarbonized economy that works for all.” 

Govi Rao

New positions being created by the company will support the company’s manufacturing, distribution, and research and development operations. Although salaries vary by position, the company’s overall average annual wage of $80,429 will exceed Guilford County’s average annual wage of $57,190. These new jobs could create an annual payroll impact of more than $2.8 million for the community.

A performance-based grant of $75,000 from the One North Carolina Fund will help with PCS’ expansion in North Carolina.

North Carolina voters want to see more competition and greater choices in their energy providers, according to a statewide poll conducted by a conservative-leaning group.

Conservatives for Clean Energy released results from its poll on Wednesday. The poll found that four in five voters say they would support lawmakers or candidates who want to change North Carolina’s regulatory policies to allow for more energy competition and consumer choice.

Support for more consumer choice and energy competition is consistent across political ideologies, including 81.5% of Republican voters, 77.2% of Democratic voters, and 84.1% of unaffiliated voters, the 2023 North Carolina Energy Poll found.

“Clean energy is here, with lots of job opportunities across our state, including in manufacturing and production,” Carson Butts, Conservatives for Clean Energy’s state director, said in a statement released by the group. “And energy competition and choice are increasingly popular with voters.”

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