There were two major industrial project announcements this week in our area. RMC Advanced Technologies (RMC AT), a subsidiary of NanoXplore headquartered in Montreal, Canada, plans to expand its existing manufacturing facility in Newton. RMC AT acquired the Newton facility and operations from Continental Structural Plastics in September. Over the next three years, RMC AT plans to create 49 new jobs and invest a minimum of $7 million in new facility construction, machinery, and equipment. Salaries for the new employees will vary by position and experience. The overall average salary will be higher than the Catawba County average wage.
With nearly 400 global employees, RMC Advanced Technologies is an international manufacturer of graphene-enhanced plastics and composite products for industrial and transportation markets. The newly-acquired Newton operation further positions the company with the ability to continue to produce body and hood components for major North American truck and bus manufacturers. As part of the expansion, RMC AT will be constructing a new paint line, allowing the company to offer existing and new customers a turnkey solution and distinguish their offering from other competitors in the marketplace.
“RMC Advanced Technologies is extremely excited to have acquired and, in quick order, to be expanding our new Newton operation to better fulfill the needs of our North American customers,” said Ali Karnib, Vice President of Operations – Composite Business Unit. “We greatly appreciate the support from the State of North Carolina, Catawba County, and the City of Newton on this expansion project and we look forward to being an involved corporate citizen in our new community.”
RMC Advanced Technology plans to hire a variety of employees for the new manufacturing operation in areas of production, maintenance, quality, management, and supply chain logistics. Hiring is expected to begin early next year.
Local incentives will be considered for the project at upcoming public hearings by the Catawba County Board of Commissioners and Newton City Council.
In Cleveland County, Benestar Brands, an international snack food manufacturer, will invest $24 million to establish a new production facility in Kings Mountain.
Benestar Brands, the parent company of Evans Food Group, is a rapidly growing snack food manufacturer.
“After an extensive search throughout the southeast, we selected Kings Mountain for our newest production facility based on the state’s strong support of the manufacturing industry and talented workforce,” said Carl E. Lee, Jr., CEO of Benestar Brands. “Over the past year, our company has expanded our portfolio of innovative savory snacks, entering new categories that will be produced at this Plant.”
The company’s 129 new jobs will include managerial, operational, maintenance, warehouse and office staff. The average annual salary for all new positions is $43,021, which is higher than Cleveland County's overall average annual wage of $40,019.
Benestar Brands’ North Carolina expansion will be facilitated, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee. Over the course of the 12-year term of the grant, the project is estimated to grow the state’s GDP by more than $431 million and add to Cleveland County's economy $5.5 million per year in payroll.