December 14, 2017 06:02 PM
UPDATED December 14, 2017 06:05 PM
Linamar Forgings Carolina, an automotive manufacturer, is expanding its facilities in Wilson County and and creating 31 jobs.
The company is part of Linamar Corporation, a global manufacturer based in Canada that produces products for vehicles, construction, and to support renewable energy.
With its $6.8 million expansion in Wilson, Linamar will produce two new kinds of automotive products: hollow transmission shafts and net shape differential gears. The project also adds a new manufacturing process that requires less material and results in lighter auto parts.
The expansion announcement comes as the state is in negotations with Toyota to bring its planned Toyota-Mazda plant to a megasite in North Carolina.
Linamar will receive a performance-based grant of $62,000 over three years if it makes its hiring and invesetment goals, said Hannah Harrill of the North Carolina Department of Commerce. The One North Carolina Fund grant requires a matching grant from local government.
The average salary for the new positions will be $49,764, above the average salary in Wilson County of $40,490.
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