News & Observer | newsobserver.com | Titan America building new cement plant

Published: May 16, 2008 01:57 PM
Modified: May 16, 2008 02:01 PM

Titan America building new cement plant

 

Story Tools

Advertisements
RALEIGH — Titan America plans to create 161 jobs at a new cement plant it will build in Castle Hayne in New Hanover County, the governor's office announced today.

The Virginia-based company expects to invest $469 million and will pay employees an average annual wage of $72,068 — more than twice the average New Hanover County average wage, according to the governor's office.

"Our top-ranked business climate and skilled workforce have attracted thousands of manufacturing businesses, which in turn help provide good jobs and a high quality of life that our residents have come to expect," Gov. Mike Easley said in a prepared statement.

Titan America was lured in part by a $300,000 state grant from the One North Carolina Fund.

The Virginia-based company employs more than 2,000 workers throughout the eastern United States and Canada.

All rights reserved. This copyrighted material may not be published, broadcast or redistributed in any manner.
No comments have been posted for this story. Log in to be the first to comment.


The News & Observer is pleased to be able to offer its users the opportunity to make comments and hold conversations online. However, the interactive nature of the internet makes it impracticable for our staff to monitor each and every posting.

Since The News & Observer does not control user submitted statements, we cannot promise that readers will not occasionally find offensive or inaccurate comments posted on our website. In addition, we remind anyone interested in making an online comment that responsibility for statements posted lies with the person submitting the comment, not The News and Observer.

If you find a comment offensive, clicking on the exclamation icon will flag the comment for review by the administrators, we are counting on the good judgment of all our readers to help us.

Hosting Partners of
newsobserver.com

A subsidiary of The McClatchy Company