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Friday, 23 May 2014 06:55

Manufacturing Firm to Expand in Iredell County

Highland Industries is expanding its North Carolina manufacturing operations in Iredell County. The company plans to create 29 jobs and invest $8.25 million over the next three years in Statesville.

Highland Industries manufactures technical fabrics used in products across multiple industries such as automotive seats, agricultural tires and commercial roofing. Highland Industries currently operates a 110,000 square foot finishing facility in Kernersville, but the new division will be completely separate from the existing operations.

The new Iredell County division will manufacture parts and assemblies utilizing carbon fiber, aramid, fiberglass and other composite materials. Customers will include manufacturers in the aerospace, automotive, sporting goods and industrial sectors.

Salaries will vary by job function, but the average annual wage for the new jobs will be $60,714 plus benefits. The Iredell County average annual wage is $42,724.

The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $70,000.

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