A pair of manufacturing business arrivals means new jobs and investment in the Piedmont. Nucor Rebar Fabrication and Excel Interior Door will bring a combined investment of more than $30 million to the region.
Nucor, a leading fabricator of concrete reinforcing steel, plans a new facility in Lexington that will adjoin its steel rebar micro mill that’s currently under construction. According to the company’s press release, the move comes in response to recent growth in North Carolina and other southern states. Nucor’s new investment totals more than $20 million and will create 25 new positions with average salaries of $65,000 a year.
Forsyth County will benefit from business expansion as well with the relocation of Excel Interior Door, LLC. At least 37 new jobs will be created following the residential door manufacturer’s $10.5 million investment in administration offices and a new facility in Winston-Salem. Average annual wage: roughly $64,000.
The new location will help Excel meet increased demand by raising output and decreasing transit time. Other reasons cited for the move: abundant labor, site availability, and proximity to shipping routes.