North Carolina (NC) Governor Pat McCrory, John Skvarla III, Secretary of the NC department of commerce, and the Economic Development Partnership of NC announced that the company plans to invest US$ 16 million in the expansion and would create 40 new job opportunities over the next three years.
The expansion of the facility in Oxford would add a third thermo-bonding production line. The company currently has 74 employees in its Oxford plant.
The main factor in the Oxford plant expansion is the company’s objective to increase its range of products and reach more customers. The current plant will be enlarged and specialized equipment added for an additional production line. This enhancement will raise the efficiency of production and work processes, both on the additional manufacturing line as well as on existing lines.
The project was funded up to $100,000 by the One North Carolina Fund, which provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state.
Jeff Harari, CEO of Shalag US Inc. said, “I am delighted about our continued expansion of our manufacturing facility here in Oxford. When our new line is complete and running at anticipated levels, it will increase our overall production capacity in the US by 60 percent, and increase our entire company’s production capabilities by 25 percent.”
Other partners that supported the project include North Carolina Community College System, Vance-Granville Community College, Granville County Economic Development, and Granville County. (GK)
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