Ideal Fastener Corporation has announced it will be expanding its facility in Granville County. The company plans to create 155 jobs in Oxford by the end of 2019 and invest more than $5.7 million.
Ideal Fastener Corporation is a privately held company established in 1936 and is the second-largest zipper manufacturer in the world. The company is involved in every aspect of the styling, technology and manufacturing of zippers. The company has more than 3,500 employees with six manufacturing facilities in four different countries, as well as sales and support offices in more than 18 countries. The company currently employs 226 people at its Oxford facility.
“This expansion in Oxford will enable Ideal Fastener to manufacture a zipper using new technology that its customers will be able to apply to their products,” said North Carolina Commerce Secretary Sharon Decker. “To have this new product made by North Carolina workers is further evidence of the quality workforce we have to offer employers.”
The company has been manufacturing in North Carolina for more than 45 years.