Syntec Precision Technology Corporation, a leader in engineering and producing precision machining parts for the hydraulic, life sciences, and transportation industries, recently announced plans to establish its first North American production and warehouse facility. The company’s $8 million investment will create 34 jobs in Henderson, North Carolina. 

Parker Poe’s Business Expansion + Location Solutions (BELS) Team was delighted to assist Syntec with its new operations. Consultant Azad Khan advised the company on state and local incentives negotiations and aspects of project implementation. Attorneys Michael Chen, Craig Lynch, Emily Hart Breece, and Stephen Wynne are advising on legal needs related to employment, real estate acquisition, title, survey, zoning, and formalizing the incentives. 

For more information about this announcement, click here: Governor Stein Announces $8 Million Investment in Vance County for Precision Manufacturer’s First North American Plant

The BELS Team advises international and domestic companies seeking to locate, expand, or restructure operations throughout the United States. In this collaborative model, experienced consultants provide data-driven location analysis, working alongside attorneys advising on legal strategy, to create a seamless and proven structure for successful expansion projects — with the added benefit of saving companies time and money.