Area Development
Henkel Corporation, an international supplier of adhesives and sealants, will invest $23.7 million to expand its facilities in Salisbury, North Carolina, according to the North Carolina governor's office. The company, a subsidiary of Germany-based Henkel AG & Co. KGaA, plans to create 103 new jobs at an average annual salary of $54,763 plus benefits; the expansion will focus on electronics-related adhesives. "Henkel is very pleased that we are able to move forward with this significant expansion of our Salisbury site," says Michael Reilly, Ph.D., Henkel's vice president of global operations. "Previously as National Starch and now as Henkel, we have had a long and positive relationship with the state of North Carolina, the city of Salisbury, and Rowan County. Specifically, the skill level of our Salisbury work force has been outstanding. Our electronics industry customers require superb quality and responsiveness, and the Salisbury site has been able to meet those expectations largely as a result of our dedicated, focused, and committed work force." The state has offered Henkel up to $206,000 in financial incentives for the expansion.