Fab-Con Machinery Development Corporation, a manufacturer of textile finishing equipment, will create 27 new jobs in Rowan County. The company will invest $5.3 million to relocate its headquarters and manufacturing operation to Salisbury.
“Fab-Con Machinery’s decision to create a home in Rowan County validates our reputation as the best state to do business,” Governor Roy Cooper said. “When woven together, our state’s skilled workforce, quality of life, and textile supply chain create a foundation of success for global manufacturers like this.”
Serving the knitwear industry for more than five decades, Fab-Con designs, builds, and exports finishing machines for men’s, women’s, and children’s clothing, outerwear and underwear. Fab-Con has a global footprint that supports a major market share of more than 200 customers in Asia, and North, South, and Central Americas. This relocation will be the new home of the company’s global headquarters in a 90,000 square-foot facility as well as its machine manufacturing, administration, and sales operations.
“We are eager to start our manufacturing operations in North Carolina, and we look forward to benefiting from the strong workforce,” Chris Snyder, vice president of Fab-Con Machinery Development Corp., said. “By relocating to North Carolina, Fab-Con will be more competitively positioned to operate at a lower cost. Several recently obtained U.S. and E.U. patents have given us a strong competitive advantage over our competitors both domestically and internationally. We appreciate the support of the economic developers and local and state officials for making this a reality.”
“Fab-Con is joining the largest textile mill industry in the nation,” N.C. Commerce Secretary Machelle Baker Sanders said. “Advanced manufacturers continue to innovate their operations to work faster and increase productivity – and North Carolina has the research institutions and workforce development partnerships to help provide the educated workforce to support that work.”
The new positions, including machinists and fabricators, have a combined average annual salary of $73,081, which exceeds Rowan County’s overall annual wage of $48,360. Once filled, these new jobs have the potential to create an annual payroll impact of more than $1.9 million for the community.
A performance-based grant of $50,000 from the One North Carolina Fund will help with Fab-Con’s expansion.
