Veka to Open N.C. Plant, Hire 102 WorkersDecember 6th, 2017 by Editor
Veka has chosen a site in Morganton, N.C., for its fourth North American facility and will create 102 full-time jobs at the location during the next five years, Gov. Roy Cooper announced today. The company will invest $18 million into the project.
Operations are expected to start in the second half of 2018. The new location, which is located in an existing structure, will accommodate up to 30 extrusion lines and will include manufacturing support, offices and a warehouse. Salaries for the new jobs will vary by position but will average $34,412 annually.
“North Carolina was a perfect location choice for us,” said Joe Peilert, Veka’s North American president. “The state offers a great business climate, is strategically located to support our customer growth and takes advantage of U.S. population and migration trends. The cooperation with the North Carolina business development team was excellent. The city of Morganton has welcomed us with open arms, and we are excited to join this great community as a new neighbor.”
Germany-based Veka extrudes PVC window and door profiles as well as PVC fence, deck and rail profiles. It employs more than 5,000 workers and serves customers in more than 30 countries. Veka has U.S. facilities in Pennsylvania (Veka Inc./North American headquarters), Texas (Veka South) and Nevada (Veka West). The facility in Morganton will operate as Veka East.
“North Carolina continues to be the top choice for manufacturers looking to grow,” Cooper said. “Veka chose North Carolina for its East Coast expansion because they know our prime location, top-rated business climate and talented workforce will ensure success.”
The North Carolina Department of Commerce and the Economic Development Partnership of N.C. (EDPNC) were instrumental in supporting the company’s expansion decision.
A performance-based grant of $500,000 from the One North Carolina Fund will help facilitate Veka’s expansion in Morganton. The One N.C. Fund provides financial assistance to local governments to attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All One NC grants require a matching grant from local governments, and any award is contingent upon that condition being met.
“Veka is bringing 102 new jobs and a significant capital investment to Morganton,” said N.C. Senator Warren Daniel. “The people of Morganton and Burke County look forward to working with Veka to make this project a great success.”
In addition to North Carolina Commerce and the Economic Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, the North Carolina Community College System, the City of Morganton, Burke County, and Burke Development, Inc.