Quantum Power, a North Carolina-based renewable energy company, will create 34 jobs in Cleveland County and invest $19 million to establish a new facility in Lawndale. The company’s new operations will be located in the Broad River Assets building, formerly Cleveland Mills.
Quantum Power generates clean, renewable energy in the form of electricity generated by a fuel stock that otherwise would have been discarded. Their clean-combustion process converts industrial byproducts into a sustainable power. This new location will support Quantum Power’s expansion in North Carolina.
“After an extensive search throughout the southeast, we selected Lawndale, North Carolina for our newest facility based on key supply chain factors and a supportive community,” Quantum Power President Mark Romano said. “We look forward to an ongoing partnership with the State of North Carolina as we expand our company.”
The new jobs will include managerial, operational, IT, maintenance, and office staff. The average annual salary for all new positions is $51,636, creating a payroll impact of more than $1.8 million per year. Cleveland County’s overall average annual wage is $46,646.
“We are excited that Quantum Power has chosen Lawndale for their new operations in Cleveland County,” Lawndale Mayor Ray Padgett said. “These jobs will have a positive impact on our community and be a catalyst for growth; and for that we are extremely grateful.”
Quantum Power’s expansion will be facilitated by a $250,000 North Carolina Rural Infrastructure Authority Building Reuse Grant.
Quantum Power’s clean-combustion process will provide a valuable link and partnership with Cleveland County manufacturers to reduce the non-hazardous byproducts that are landfilled. Their dedication to converting these byproducts into clean, renewable energy has helped create more than 22,176 megawatts of power.
“Quantum Power’s investment in Lawndale will have a catalytic impact on the community,” Brandon Ruppe, executive director of Cleveland County EDP, said. “Quantum Power has committed to further clean-up of the former Cleveland Mills building and allowing other businesses to occupy remaining portions which will spur additional job growth and future capital investment. I firmly believe that this company’s commitment along with the efforts in the Stagecoach Greenway will both serve to revitalize Lawndale and be a huge win for Upper Cleveland County.”
