Superior Essex Expands in Tarboro, NC | Business Facilities - Economic Development, Site Selection & Workforce Solutions


http://businessfacilities.com/2011/04/superior-essex-expands-in-tarboro-nc/
Superior Essex has been granted a state economic development grant to help fund the construction of a new $58-million manufacturing plant in Tarboro, NC for power cables. According to the company, 116 new jobs will be created within the next five years. Atlanta-based Superior Essex already has one manufacturing plant in Edgecombe County that has been supplying power cables and metal wires to the industrial and utility industries since 1966. The company already employs 238 people in that facility. The overall average for the new jobs will be $41,289 a year plus benefits, according to Gov. Beverly Perdue’s office. The Edgecombe County average annual wage is $33,176. The state Economic Investment Committee on April 14 voted to award a Job Development Investment Grant to the company. If Superior Essex meets its hiring and investment goals over the next nine years, the JDIG could yield $1.2 million in benefits for the company. Related PostsGeneral Cable Industries Relocating Operations To Lawrenceburg, KYU.S. Commerce Department Invests $1.25 Million To Upgrade Infrastructure And Support Investment In ArkansasBoeing To Create Up To 200 New Jobs In Macon-Bibb County, GAGestamp Chattanooga To Expand, Build New Facility in Hamilton County, TN

Superior Essex Expands in Tarboro, NC

Superior Essex has been granted a state economic development grant to help fund the construction of a new $58-million manufacturing plant in Tarboro, NC for power cables. According to the company, 116 new jobs will be created within the next five years.

Atlanta-based Superior Essex already has one manufacturing plant in Edgecombe County that has been supplying power cables and metal wires to the industrial and utility industries since 1966. The company already employs 238 people in that facility. The overall average for the new jobs will be $41,289 a year plus benefits, according to Gov. Beverly Perdue’s office. The Edgecombe County average annual wage is $33,176.

The state Economic Investment Committee on April 14 voted to award a Job Development Investment Grant to the company. If Superior Essex meets its hiring and investment goals over the next nine years, the JDIG could yield $1.2 million in benefits for the company.

0 Comments

Enjoyed this article?

Please consider subscribing to our RSS feed!

Add New Comment

You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>