News

Wire and Cable Manufacturer to Add 67 Jobs in Nash County


Rocky Mount, N.C. (December 13, 2012) – Deputy Secretary Dale Carroll of the North Carolina Department of Commerce, on behalf of Gov. Bev Perdue today announced that Draka Elevator Products, a manufacturer and reseller of products for the elevator market, will expand its operations in Nash County. The company plans to create 67 jobs and invest more than $3.1 million over the next three years. The project was made possible in part by a $100,000 grant from the One North Carolina Fund.

“My first priority is creating jobs,” said Gov. Perdue. “Our customized job training programs and skilled workforce have created a strong business climate that allows manufacturers to thrive in a global economy.”

Draka Elevator Products, headquartered in Rocky Mount, manufactures, sells and services products to the elevator market with a market footprint in North America, Brazil, Europe and China. Draka Elevator is part of a group of companies operating under the Prysmian Group umbrella (an Italian based company). As a part of the expansion, the Rocky Mount facility will begin producing specialized cables for cellular communication towers. Draka Elevator currently employs more than 130 people in North Carolina.

Salaries will vary by job function, but the average annual wage for the new jobs will be $36,708, plus benefits. The Nash County average annual wage is $34,112.

“Draka is extremely appreciative in this investment in the growth of our business and we are proud to receive this grant enabling us to create additional jobs here in Rocky Mount.” says Sterrett Lloyd, President Draka Elevator Products.

“It speaks volumes for the business environment in Nash County when companies like Draka commit to expand here. A project like this one is so important for our citizens and our local economy. We are pleased to be able to play a part in their decision to stay and grow right here in Nash County” stated Fred Belfield, Chairman of the Nash County Board of Commissioners.

“This confirms the wise investment of our partners in the Carolinas Gateway Partnership. This is further proof that the Partnership is working. The expansion of Draka, and their commitment to Nash County is very important to our local economy. We have to continue to assist our existing industries, it is their presence in the community that keeps us going “ said Carolinas Gateway Partnership Chairman, Frank Harrison.

The Carolinas Gateway Partnership, Inc. is a coalition of over 100 public and private sector investors from Nash County, Edgecombe County, the City of Rocky Mount, the Town of Tarboro, and the Town of Nashville. For more information about the Partnership, call 252-442-0114, or email to cgp@econdev.org.


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Contact:
John Gessaman, President & CEO, Carolinas Gateway Partnership
Krista Ikirt, Vice President, Carolinas Gateway Partnership