MOCKSVILLE — Ingersoll Rand will expand its operations in Davie County, creating 60 jobs and investing nearly $22 million over the next three years, according to an announcement from the office of Gov. Bev Perdue.
The project received a $50,000 grant from the One North Carolina Fund.
“Our highly skilled workforce is vital to attracting advanced manufacturers like Ingersoll Rand,” said Perdue. “Investing in education and customized job training programs will maintain our state’s top notch business climate.”
Ingersoll Rand is a world leader in creating and sustaining safe, comfortable and efficient environments. Its brands include Ingersoll Rand, Club Car, Schlage, ThermoKing and Trane.
The project will allow the Mocksville facility to become the primary supplier of certain precision-machined components used by Ingersoll Rand’s Industrial Technologies Sector, which makes air compressors, fluid pumps, material handling systems, tools and Club Car vehicles.
Ingersoll Rand currently employs more than 2,300 employees in Davie, Moore, Guilford and Mecklenburg counties.
Salaries will vary by job function, but the average annual wage for the new jobs will be $35,230. The Davie County average annual wage is $28,028.
“We are proud of our employees in Davie County and look forward to the possibilities this extension brings,” said Phil Wekenmann, operations manager at the Mocksville facility. “Through One NC Fund, North Carolina continues to prove itself to be a pro-business state, and it makes working here exciting.”
The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state.
Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants also require and are contingent upon local matches.
“Ingersoll Rand’s terrific news is the result of North Carolina making the right decisions,” said state Rep. Julia Howard, of Mocksville. “We have invested in education, transportation and the infrastructure that draws businesses to our state and helps those that are already here to grow.”