FAIRMONT – A manufacturer of roof trusses and turnkey framing for the new home construction industry, Atlantic Building Components, will invest $6 million to build a manufacturing facility in Robeson County, following a deal struck with the state of North Carolina’s Economic Investment Committee on Thursday.
The project is expected to create 105 jobs in the county, and an economic model estimates that the manufacturing facility will increase North Carolina’s net state revenue by $3.8 million during the term of an economic incentive package offered by the state.
As a part of the agreement, the minimum average annual wage for each of the created jobs will be at least $48,706. The company currently operates a subsidiary entity in Sparta, North Carolina, where it employs 87 workers, and the company is expected to retain those workers to be entitled to any economic incentives provided under the terms of the Job Development Investment Grant, or JDIG.
Economic incentives from the state are valued at nearly $7 million, with some $190,000 in local incentives expected, according to a presentation by a staff member of the North Carolina Department of Commerce delivered on Thursday’s call.
Home construction firm picks Sanford for new operation, 200+ jobs
Adding capacity so more homes can be built
The company is seeking to add manufacturing capabilities and plans to add three manufacturing lines at the planned facility, according to the commerce department’s staff member. That’s due to the firm looking to expand due to the severe shortage of supplies and materials that regional and national homebuilders need in order to construct new homes to meet demand amidst a changing housing market experiencing shortages in inventory, the staffer said.
The company was founded in 1984, and would go on to acquire TruLine Truss in Sparta, which now operates as a subsidiary. Sparta as a location provided the company “immediate growth into the Charlotte, NC, Raleigh, NC, and rapidly growing Roanoke, VA markets,” according to the firm’s website. The company maintains two other current manufacturing facilities in Moncks Corner, South Carolina and Easley, South Carolina.
A formal announcement is expected later this afternoon.
