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Area Development - Site Selection, Facility Planning and Workforce Development

Danish-Based Lynddahl Telecom America Plans Belmont, North Carolina, Operations

01/11/2024
Danish-based Lynddahl Telecom America Inc., a duct solutions company for fiber optics installations, plans to establish operations in Belmont, North Carolina. The $5.6 million project is expected to create 54 jobs in Gaston County.

The new 55,000-square-foot plastic extrusion production facility will manufacture the protective conduits for fiber-optic cables.

“Everyone is increasingly expecting high speed internet everywhere – be it for remote work, distance learning or leisure. Over the next decade, historic investments into upgrading broadband access throughout America will be made and this represents a major business opportunity for us. We have found a cost-effective method to rapidly deploy fiber optics in Europe and we are excited about being able to offer this to our American, Canadian and Mexican partners,” said Jacob Ulrik Petersen, President of LTA.

A performance-based grant of $100,000 from the One North Carolina Fund will help LTA establish its new production site. The One NC Fund provides financial assistance to local governments to help attract economic investment and create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All One NC grants require matching participation from local governments and any award is contingent upon that condition being met.

“North Carolina continues to rank as a leading state for doing business in America,” noted N.C. Commerce Secretary Machelle Baker Sanders. “I am proud to see our state compete to win more economic opportunities with innovative companies like Lynddahl Telecom America that will benefit from our diverse manufacturing workforce, affordability, and our shared commitment to digital equity.”

Lynddahl Telecom America, a subsidiary of Lynddahl Telecom A/S, specializes in product development and customization as a supplier of complete duct solutions for fiber optics for the international telecom industry.

In addition to the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina (EDPNC), other partners in this project include the North Carolina Community College System, Gaston County, the Division of Workforce Solutions, the City of Belmont, the Gaston County Economic Development Commission, and Duke Energy.

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