Auto parts maker to expand in Catawba County, add 228 jobs
04/08/2014 2:49 PM
04/08/2014 2:50 PM
GKN Driveline, an auto parts manufacturer, plans to expand its Catawba County plant and add 228 jobs by the end of 2018.
Gov. Pat McCrory’s office announced Tuesday that the company expects to invest more than $113.8 million at its Catawba facility, where it now employs 729 people.
GKN Driveline is eligible to receive up to $3 million in state incentives if it meets investment and job-creation milestones.
The average annual wage for the new jobs is expected to be $39,986 plus benefits. The Catawba County average is $36,167.
GKN Driveline is a subsidiary of the British engineering group GKN, which has its U.S. headquarters in Michigan. GKN Driveline makes drive shafts, axles, joints, differentials and wheels for vehicles. Customers include BMW, Chrysler, General Motors and Ford.
GKN also employs an additional 1,530 people at its other sites across North Carolina. The company employs more people in North Carolina than in any other state.
This is the second state incentives package GKN Driveline has been awarded in the past two years.
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