Demmel AG bringing $4.3 millionplant, 50 jobs to Henderson County
EAST FLAT ROCK, N.C. — Germany-based Demmel Inc. will invest nearly $4.3 million to build a new U.S. production facility in East Flat Rock and a 50-person workforce in the community over the next five years.
“Automotive component manufacturing continues to grow rapidly in North Carolina,” said Governor Pat McCrory. “Our state is the ideal destination for innovative companies like Demmel and remains internationally competitive for jobs.”
Demmel Inc., is a U.S. subsidiary of Germany’s Demmel AG, a leader in the fields of industrial identification, decoration and communication. Sill plates, emblems, metal components, and internal and external trim parts made by the family-owned company are found on BMW, Porsche, Mercedes-Benz, Tesla Motors and other vehicles. The company has been in business since 1886.
“The choice of Henderson County by Demmel underscores all the advantages that make North Carolina the Southeast’s leading destination for manufacturing jobs,” said North Carolina Commerce Secretary John E. Skvarla, III. “Our state’s productive workforce, competitive costs and convenient connections to global markets will energize the company’s business strategy.”
Positions will include assembly technicians, quality engineers, material handlers and others. Annual salaries will vary by position but will average at least $35,510. Overall wages in Henderson County currently average $35,287 per year.
“We are happy to continue to serve key customers in the North American market with a new strategic location in Henderson County, North Carolina,” said Tobias Holderried, Managing Director of Demmel AG. “Our new home affords access to a qualified and productive workforce, a strong existing presence of automotive component manufacturers in plastics and metals, and easy access to our customers. Henderson County has great similarities to our home in the mountains of Bavaria, where we have built long-lasting relationships over many generations.”
The project was made possible in part by a performance-based grant of up to $150,000 from the One North Carolina Fund. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. One NC grants also require and are contingent on financial matches from local governments.
READ MORE about this story in Trade & Industry Development
Photo courtesy of Demmel Inc.