Raumedic, a German company that makes components for the medical and pharmaceutical industries, announced Tuesday that it will open a plant in Henderson County and create 138 jobs over the next five years.
The company plans to invest $26.3 million in the facility in Mills River, about 20 miles south of Asheville. The facility will be the headquarters for Raumedic’s U.S. production, molding and assembling polymer materials for the medical and pharmaceutical industries.
Raumedic is eligible to receive a $500,000 grant from the One North Carolina Fund if it meets investment and hiring milestones. The grant requires a local match.
The average annual wage for the new jobs will be $55,419, above the Henderson County average of $34,256.
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Raumedic has 18,000 employees worldwide, including roughly 580 who work as part of its REHAU group that makes its polymer materials.