Subscribe
Area Development Magazine Current Issue
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

BorgWarner Expands Henderson, North Carolina, Operations

06/02/2026
Automotive technology manufacturer BorgWarner Inc. plans to expand its operations in Henderson County, North Carolina. The $100 million project is expected to create 378 jobs.

The investment will include an additional 140,000 square feet at the company’s existing facility to support the production of critical components and vertically integrate processes.

“BorgWarner is proud to continue to invest in the state of North Carolina to bring new technologies to market and provide jobs to local residents,” said Joseph F. Fadool, President and Chief Executive Officer of BorgWarner Inc. “We appreciate the grant and continued support from the state of North Carolina to expand our manufacturing footprint here in the United States.”

The project will be supported, in part, by a Job Development Investment Grant (JDIG) awarded to BorgWarner Industrial Solutions LLC, which was 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 $1 billion. Using a formula that takes into account the new tax revenues generated by the new jobs and capital investment, the JDIG agreement authorizes the potential reimbursement to the company of up to $3,685,500, spread over 12 years. State payments only occur following performance verification each year 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 88 percent, meaning for every dollar of potential cost to the state, the state receives $1.88 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.

“When companies like BorgWarner deepen their roots in rural North Carolina, they signal to the rest of the world that success and opportunity are awaiting them here,” noted N.C. Commerce Secretary Lee Lilley. “Advanced manufacturers are important to our growing supply chain, and we are committed to making sure the largest manufacturing workforce in the Southeast is also highly skilled and resilient for the jobs of today and tomorrow.”

Because BorgWarner chose a site in Henderson County, classified by the state’s economic tier system as Tier 2, the company’s JDIG agreement also calls for moving as much as $409,500 into the state’s Industrial Development Fund – Utility Account. The Utility Account helps rural communities anywhere in the state finance infrastructure upgrades needed to attract future business.

“We are excited and grateful for the continued investment that BorgWarner is making in Henderson County,” added John Bryant, Board Chair of the Henderson County Partnership for Economic Development (HCPED). “This is a testament to what the city and county have nurtured together: a community that is attractive to global companies like BorgWarner, in turn creating high paying jobs for our friends and neighbors.”

BorgWarner is a manufacturer of propulsion systems and vehicle components for automotive and commercial vehicle markets. The company develops products for internal combustion, hybrid, and electric vehicles, including powertrain, drivetrain, and battery system technologies.

Magazine

Past Issues
Area Development Magazine Q1 2026
Q1 2026

Receive quarterly issues of Area Development Magazine at no charge for qualified executives and consultants to industry.

Exclusive Research