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New York Air Brake Invests $1 Million in Salisbury, North Carolina, Manufacturing Plant

08/17/2017
New York Air Brake, a global manufacturer of innovative train control systems for the railroad industry, will invest more than $1 million to expand operations at its Premtec Division in Salisbury, North Carolina.

“The decision to shift a portion of our product assembly from Watertown, New York to Salisbury is part of an overall strategic plan to align our manufacturing and operations in focused facilities,” said New York Air Brake President & CEO Mike Hawthorne.

“Our Premtec Division already has manufacturing, as well as low-complexity assembly and test, making it a natural fit for this portion of our business. In addition, the shift helps improve our proximity to our customers,” he added.

The company plans to create 28 jobs in Rowan County in conjunction with a $50,000 grant from the state’s One North Carolina Fund. All One NC grants require a matching grant from local governments and any award is contingent upon that condition being met. According to state officials, long term, the company intends to add as many as 40 jobs at the facility.

New York Air Brake, with headquarters in Watertown, New York, has served the rail industry since 1890. The company offers freight & locomotive air brake control systems. The Premtec Division, located in Rowan County, currently houses NYAB’s freight car brake hose manufacturing and will be expanded to include peripheral product assembly and test functions.

“New York Air Brake and its Premtec Division is just the latest example of a North Carolina manufacturer choosing to expand in our state,” said Commerce Secretary Anthony M. Copeland. “Companies that are already doing business here clearly see the many advantages North Carolina offers.”

“North Carolina’s manufacturing workforce is unmatched in the Southeast,” Governor Roy Cooper said. “Manufacturing companies like New York Air Brake recognize the role our hard-working people play in the success of their businesses.”

In addition to North Carolina Commerce and the Economic Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, the North Carolina Community College System, Duke Energy, Rowan County, and RowanWORKS.

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