Lynddahl Telecom America Inc. (LTA), a Danish telecommunications company, announced plans to establish its North American hub in Gaston County, creating 54 new jobs in Gaston County. The company will invest more than $5.6 million over the next three years to establish its first North American plastic extrusion production site in Belmont.
“Everyone is increasingly expecting high speed internet everywhere – be it for remote work, distance learning or leisure,” Jacob Ulrik Petersen, president of LTA, said. “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.”
LTA is a duct solutions company for fiber optics installations. Building on more than 30 years of international experience in the fiber optics and duct industry, the three founders established the parent company in Denmark in 2020. Having seen extensive success in Europe, LTA incorporated in 2023 as a subsidiary of Lynddahl Telecom A/S with the aim of offering duct solutions for the North American market. The company specializes in product development and customization as a supplier of complete duct solutions for fiber optics for the international telecom industry. LTA will begin operations with a 55,000-square-foot facility to manufacture the protective conduits for fiber-optic cables.
“LTA’s decision to invest in Gaston County is a reflection of how we are competing for jobs and investment on a global scale,” Gaston County Board of Commissioners Chairman Chad Brown said. “We are making a continued investment in our workforce and in providing the types of development opportunities that continue to spur interest in our county worldwide. We are excited to welcome LTA to Gaston County and wish them continued success as they expand their operations here to the U.S.”
New positions created by LTA will include production managers, plastics engineers, administrative officers, and production technicians. Salaries will vary by position; however, the average annual wage is $60,315, exceeding the Gaston County average of $50,746. These new jobs could potentially create an annual payroll impact of more than $3.2 million for the region.
“The selection of Belmont as the site for Lynddahl Telecom America Inc.’s North American headquarters is an honor,” Belmont Mayor Richard Turner said. “Their decision to invest in Belmont is not only a testament to Belmont’s potential, but also a boost to our commercial tax base. We extend a warm welcome to Lynddahl Telecom America and eagerly anticipate their active involvement as stakeholders in our vibrant community. This collaboration embodies a promising partnership that will not only contribute to our city’s growth, but also enhance the fabric of Belmont.”
