Area Development
Karl Marbach GmbH & Co. KG-the world's leading manufacturer of steel rule dies for the packaging industry-will establish its first U.S. manufacturing facility in Charlotte, North Carolina.

The Heitbronn, Germany-based company's $3 million investment will create 30 jobs, and open a new leased facility expected to be fully operational by second quarter 2012.

The new plant will manufacture cutting, embossing and foil stamping dies plus other tooling for manufacturers of folding cartons and corrugated packaging.

Marbach's Managing Director Bernd Klenk said that Charlotte's business infrastructure, labor supply and quality of life "made the difference for us. The city's international airport, interstate highways and availability of industrial buildings were key factors in our location decision..We know our German managers will feel at home there."