CHARLOTTE – A residential siding company has agreed to invest more than $14 million to add 48 jobs in Catawba County, according to an announcement from the state on Wednesday.
Millwork & Panel LLC, a residential siding manufacturer, will invest $14.3 million over the next three years to expand its vinyl siding operations in Claremont.
New positions being created by the company include machine operators, material handlers, operators, and technicians. The average annual wage is estimated to be $58,708, exceeding the Catawba County average of $52,172. These new jobs have the potential to create an annual payroll impact of more than $2.8 million for the region.
An indirect subsidiary of CertainTeed Holding Corp. since 2019, Millwork & Panel produces maintenance-free siding and trim in various materials, styles and textures for the residential housing market. This expansion will add vinyl extrusion production lines, improve blending operations, and expand the capacity for vinyl siding.