PPG Industries FiberGlass Products Inc., a manufacturer of fiberglass
reinforcements, will invest $20.5 million to expand its facility in
Shelby, North Carolina, according to the North Carolina governor's
office. The company will add 120 new jobs at an average annual wage of
$32,183 plus benefits. PPG Industries will increase production at the
plant to meet growing demand for wind turbine blades, which are made
from resin-coated fiberglass. "Long-term demand for PPG's Hybon
single-end rovings has grown globally by double digits, and we expect
this growth to continue in light of applications like wind energy,
which will have grown more than 40 percent in the U.S. in 2007 and
2008," says Victoria M. Holt, a company senior vice president. "In
spite of current economic uncertainties, the foundation for demand
growth is solid for the longer term." Financial incentives offered to
PPG include a $300,000 grant from the state.
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