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Area Development - Site Selection, Facility Planning and Workforce Development

Germany-Based Vecoplan Plans High Point, North Carolina, U.S. Manufacturing Plant

05/02/2023
Vecoplan, a Germany-based manufacturer of industrial shredding equipment, will locate a manufacturing facility in High Point, North Carolina. The $6.75 million project is expected to create 33 jobs in Guilford County.

This new facility will help meet the increased demand of mobile shredding trucks, waste collection trucks, and other recycling and sorting equipment and components.

“Vecoplan is extremely excited to expand our North American headquarters in the Piedmont Triad Region of North Carolina,” said Jeffrey Queen, Chief Financial Officer. “We have called North Carolina home for more than twenty years and are honored to continue supplying recycling and waste solutions for decades to come."

The project is being supported by a performance-based grant of $75,000 from the One North Carolina Fund. 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.

“Being recognized as the best state to do business is validated by the companies that reinvest in North Carolina,” noted N.C. Commerce Secretary Machelle Baker Sanders. “I am committed to leading our economy toward innovation and being first in talent as we develop the training programs to continue producing the largest advanced manufacturing workforce in the southeastern United States.”

Vecoplan manufactures industrial shredding, grinding, and recycling machines for various markets including waste management, wood and plastics, and document shredding. This new advanced manufacturing facility will help meet the increased demand of mobile shredding trucks, waste collection trucks, and other recycling and sorting equipment and components.

In addition to the North Carolina Department of Commerce and Economic Development Partnership of North Carolina (EDPNC), other key partners in this project include the North Carolina General Assembly, North Carolina Community College System, Guilford County, GuilfordWorks, High Point Economic Development Corporation, and the City of High Point.

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