NM Business Journal - Advanced Composite Structures is relocating its headquarters from Albuquerque to Charlotte, N.C. The company, which will continue to operate a factory in Albuquerque, will open a 32,000-square-foot facility in Charlotte on Jan. 16 with 40 employees, said President and CEO Tom Pherson. ACS, which makes thermoplastic air cargo boxes, wanted its headquarters located next to a seaport for shipping to global markets. “It costs more to ship containers from Albuquerque to Houston for export than it does to ship by sea from Charlotte,” Pherson said. “The cost of transportation was affecting our operations, so we chose to relocate our final assembly and logistics engineering business.” Read full story here: News New Mexico
ACS Headquarters Heads for Charlotte
Posted by
Jim Spence
on Sunday, January 1, 2012
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New Mexico News
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