The Caldwell County Sheriff’s Office recently received Individual First Aid Kits for all 1,172 classrooms…
Today (December 6), North Carolina Governor Roy Cooper announced that Millwork & Panel L.L.C., a residential siding manufacturer, will create 48 new jobs in Catawba County. The company will invest more than $14.3 million over the next three years to expand its vinyl siding operations in the City of Claremont.
An indirect subsidiary of CertainTeed Holding Corporation since 2019, Millwork & Panel produces siding and trim in various materials, styles, and textures for the residential housing market. The expansion will add new state-of-the-art vinyl extrusion production lines, improve blending operations, and expand the capacity for vinyl siding.
New positions created by the company will include machine operators, material handlers, operators, and technicians. While wages will vary by position, the average annual wage is estimated to be $58,708, exceeding the Catawba County average of $52,172. The new jobs have the potential to create an annual payroll impact of more than $2.8 million for the region.
A performance-based grant of $100,000 from the One North Carolina Fund will help with Millwork & Panel’s expansion in North Carolina. The One N.C. Fund provides financial assistance to local governments to help attract economic investment and create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All One N.C. grants require matching participation from local governments and any award is contingent upon that condition being met.
In addition to the North Carolina Department of Commerce and Economic Development Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, North Carolina Community College System, Catawba Valley Community College, Catawba County, Catawba County Economic Development Corporation, and the City of Claremont.