Governor Bev Perdue on Feb. 13 announced that Kendrion FAS Controls Inc., a manufacturer of electromagnetic systems, will expand its operations in Cleveland County. The company plans to create 57 jobs and invest $7.3 million over the next three years in Shelby. The project was made possible in part by a $228,000 grant from the One North Carolina Fund. The N.C. Department of Commerce’s Martyn Johnson was the developer on this project.
Kendrion FAS Controls is a subsidiary of German-based Kendrion Binder Magnete GmbH, which is wholly owned by Netherlands-based Kendrion N.V. Kendrion acquired the FAS Controls Inc. plant in Shelby in December 2011. That facility currently employs more than 200 people. In addition to their numerous global facilities, Kendrion also operates U.S. plants in Indiana and Georgia.
Salaries will vary by job function, but the average annual wage for the new jobs will be $32,544, plus benefits. The Cleveland County average annual wage is $32,344.
Manufacturing industry looking up as company announces new jobs at Shelby plant