A WOOD PRODUCT GROWS IN SALISBURY

Universal Forest Products, a manufacturer of wood and wood alternatives, will expand in Salisbury, adding about 50 jobs  and investing $2.6M over the next three years. The project was made possible in part by an $85k grant  from the state's One North Carolina Fund. The average annual wage for the new jobs will be more than $37k, compared to the Rowan County average of $36k. ?Helping to grow existing North Carolina employers is a key part of our job-creation strategy,? says Gov. Bev Perdue.  UFPI?s products serve the retail, construction, manufactured housing, and industrial markets.  The company and its subsidiaries currently employ more than 300 people in Alamance, Pasquotank, Randolph, and Rowan counties. 

Continue reading this story with a free account

Log in or register
Related Topics: One North Carolina Fund
Sign up for more articles like this
Subscribe to Bisnow's Charlotte Newsletters
Related Stories

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Charlotte Extends Data Center Moratorium For 11 More Months

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Developer Buys Land For Active Adult Apartments Near Novant Health Hospital

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error