Automotive parts maker adding 105 jobs in Sanford
05/13/2014 1:24 PM
02/15/2015 11:19 AM
GKN Driveline, which makes automotive parts, will expand in Sanford, adding 105 jobs by the end of next year.
The expansion comes after the state offered GKN a Job Development Investment Grant worth slightly more than $1.1 million over 12 years.
The Michigan-based company also plans to invest $18 million at existing GKN facilities in Lee and Alamance counties as part of its expansion. GKN has operations in four NC counties and employs more than 2,000 people in the state.
Workers make automotive driveline components and systems for BMW, Chrysler, GM and Ford among others.
According to a news release from the governor’s office announcing the expansion, some of the current operations at GKN’s facility in Mebane will shift to Sanford where it is turning one of its old facilities into a service center. No positions will be moved from Mebane and employees there will be retrained to handle new business projects there.
Salaries at the Sanford facility will vary by job function but the average annual salary will be $39,048 plus benefits. The Lee County average annual salary is $37,066.
The JDIG, approved by the state Economic Investment Committee on Tuesday, is based the company fulfilling its job creation requirements.
Last month, GKN Driveline announced plans to invest more than $113.8 million add 228 jobs at its Catawba facility, where it employs 729 people. The company is eligible to receive up to $3 million in state incentives if it meets investment and job-creation milestones at that facility.
Join the Discussion
News & Observer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.