New York Air Brake Invests $1 Million in Salisbury, North Carolina, Manufacturing Plant
08/17/2017
“The decision to shift a portion of our product assembly from Watertown, New York to Salisbury is part of an overall strategic plan to align our manufacturing and operations in focused facilities,” said New York Air Brake President & CEO Mike Hawthorne.
“Our Premtec Division already has manufacturing, as well as low-complexity assembly and test, making it a natural fit for this portion of our business. In addition, the shift helps improve our proximity to our customers,” he added.
The company plans to create 28 jobs in Rowan County in conjunction with a $50,000 grant from the state’s One North Carolina Fund. All One NC grants require a matching grant from local governments and any award is contingent upon that condition being met. According to state officials, long term, the company intends to add as many as 40 jobs at the facility.
New York Air Brake, with headquarters in Watertown, New York, has served the rail industry since 1890. The company offers freight & locomotive air brake control systems. The Premtec Division, located in Rowan County, currently houses NYAB’s freight car brake hose manufacturing and will be expanded to include peripheral product assembly and test functions.
“New York Air Brake and its Premtec Division is just the latest example of a North Carolina manufacturer choosing to expand in our state,” said Commerce Secretary Anthony M. Copeland. “Companies that are already doing business here clearly see the many advantages North Carolina offers.”
“North Carolina’s manufacturing workforce is unmatched in the Southeast,” Governor Roy Cooper said. “Manufacturing companies like New York Air Brake recognize the role our hard-working people play in the success of their businesses.”
In addition to North Carolina Commerce and the Economic Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, the North Carolina Community College System, Duke Energy, Rowan County, and RowanWORKS.
Project Announcements
Coca-Cola Consolidated Expands Columbus, Ohio, Operations
05/22/2025
Canada-Based Damera Corporation Plans Peoria, Illinois, Assembly Operations
05/21/2025
Canada-Based AquaAction Plans Detroit, Michigan, Headquarters Operations
05/21/2025
United Equipment Accessories Establishes Ames, Iowa, Operations
05/19/2025
UAE-Based Emirates Global Aluminium Plans Tulsa, Oklahoma, Production Operations
05/19/2025
Prolec-GE Waukesha Expands Goldsboro, North Carolina, Manufacturing Operations
05/19/2025
Most Read
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
Run a Job Task Analysis
Q4 2024
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
The Location Economics of Advanced Nuclear
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and
Q2 2025
-
Is It Time to Start Planning for Quantum Data Centers?
Q1 2025