Fit Precast Plans Gastonia, North Carolina, Headquarters-Production Operations
11/21/2025
The investment will include the construction of a new 154,000-square-foot headquarters and production facility which will manufacture precast concrete and piping products.
“The demand for resilient, American-made infrastructure has never been greater, and North Carolina is the ideal place to meet that challenge,” said Matt Goreski, President of FIT Precast. “This flagship headquarters and production facility is the most advanced precast concrete manufacturing site in the country; investing in both leading-edge technology and the people of North Carolina with high paying, meaningful careers. The Gaston County EDC and the State of North Carolina consistently went above and beyond to secure this project, we would like to thank them for making this our new home.”
The project will be supported, in part, by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee. Over the course of the 12-year term of this grant, the project is estimated to grow the state’s economy by $530 million. Using a formula that takes into account the new tax revenues generated by the new jobs and $71 million of the company’s investment, the JDIG agreement authorizes the potential reimbursement to the company of up to $2,303,100, spread over 12 years. State payments occur only following performance verification by the departments of Commerce and Revenue that the company has met its incremental job creation and investment targets.
The project’s projected return on investment of public dollars is 170 percent, meaning for every dollar of potential cost to the state, the state receives $2.70 in state revenue. JDIG projects result in positive net tax revenue to the state treasury, even after taking into consideration the grant’s reimbursement payments to a given company.
“Fit Precast’s project reflects the power of collaboration and the confidence businesses have in North Carolina’s economic future,” noted N.C. Commerce Secretary Lee Lilley. “As our manufacturing economy continues to grow, it benefits from the partnerships of innovative companies that are creating opportunities for communities to thrive.”
Because Fit Precast chose a site in Gaston County, which is classified by the state’s?economic tier system?as Tier 2, the company’s JDIG agreement also calls for moving as much as $255,900 into the state’s Industrial Development Fund – Utility Account. The Utility Account helps rural communities anywhere in the state finance necessary infrastructure upgrades to attract future business.
“We are extremely excited to see the potential in a site that’s been waiting for the right company to bring it to life,” added Alisha Summey, a director with Gaston County Economic Development Commission. “ It makes our county leaders proud to support investment that not only transforms a site in an underutilized area, but one that will deliver jobs paying nearly double the county’s average wage.”
In addition to the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina, other partners in the project include the North Carolina General Assembly, the North Carolina Community College System, Gaston College, the North Carolina Railroad Company, Norfolk Southern, Duke Energy, Enbridge, Gaston County, the Gaston County Economic Development Commission, and the City of Gastonia.
Fit Precast, a subsidiary of National Infrastructure Holdings, specializes in precast concrete products for infrastructure projects. The company offers a full-service solution, handling projects from the initial design phase through to final assembly.
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