GKN Driveline Begins More Than $100 Million Expansion At Its Newton, North Carolina, Manufacturing Hub
09/15/2014
The firm employs more than 700 people, supporting machining and assembly of high precision products for demanding AWD applications. The Newton expansion was made possible in part by an award from the state Job Development Investment Grant program, as voted by the state Economic Investment Committee. The JDIG grant funds will allow GKN Driveline to increase manufacturing floor space by more than 25 percent to accommodate anticipated increases in geared component production.
Robert Willig, President, GKN Driveline Americas, said, "This expansion is a win for the local economy here in Catawba County, as it strengthens the manufacturing sector. But, it's also a win for GKN Driveline and our customers as it will improve our ability to deliver high quality, innovative products in the auto industry."
GKN employs an additional 1,530 employees at companies in other counties across North Carolina, locations include: Conover, Roxboro, Mebane and Sanford.
Project Announcements
Northland Corporation Expands Greenville, Michigan, Operations
08/29/2024
Swedish Match Expands Daviess County, Kentucky, Operations
08/29/2024
Ardent Mills Expands Commerce City, Colorado, Production Operations
08/29/2024
Paul Mueller Company Expands Springfield, Missouri, Manufacturing Operations
08/29/2024
Nashville Wire Products Expands McEwen, Tennessee, Operations
08/28/2024
Crusoe Energy Systems Plans Tulsa, Oklahoma, Manufacturing Operations
08/27/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Semiconductors’ fragile relationship with water may be tested
Q3 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Mitigating Site Risks for Industrial Projects
Q3 2024