BSH Home Appliance plans to expand its manufacturing capabilities in Craven County and add 460 jobs over the next five years.
BSH, the largest manufacturer of home appliances in Europe, will invest $80.56 million expanding its operations in New Bern, where it already employs 1,042 people.
The company was awarded a state incentives package Thursday morning worth nearly $4.1 million if it meets job creation and investment milestones.
The new jobs will include prorduction personnel, logistics specialists as well as administrative staff. The average annual wage for the new jobs will be $42,188. The Craven County average is $34,897.
BSH also considered sites in South Carolina and Tennessee for the project, according to N.C. Commerce Department officials.
BSH built its first plant in New Bern in 1997. The Irvine, Calif.-based company is a wholly-owned subsidiary of Germany-based BSH Hausgeräte.
The company makes kitchen appliances, including dishwashers, ranges and cooktops, under the Bosch, Thermador and Gaggenau brands.