Auto supplier to expand in Goldsboro
Posted September 26, 2011
Goldsboro, N.C. — A company that makes systems and components for the automotive industry will expand its Goldsboro operation to accommodate new products and programs, officials said Monday.
Cooper Standard will create 137 jobs and invest $17.9 million in the plant by the end of 2012, officials said.
The company opened its Goldsboro plant in 1984 and expanded in 1997 to include a second facility. Combined, the two plants employ 373 people to make weather-strips for the automotive market. The latest expansion will allow Cooper Standard to broaden its technology capabilities to serve its global customer base, officials said.
“Given our successful history in Goldsboro, we’re confident in our decision to expand Cooper Standard’s current footprint to meet increasing industry demand for new automotive products and technologies,” Larry Johnson, vice president for North American operations, said in a statement.
The average annual wage for the new jobs will be $31,713, plus benefits. Wayne County's average annual wage is $29,848.
Cooper Standard qualified for a grant from the One North Carolina Fund for its expansion. The fund provides financial assistance to attract business projects to the state. Companies receive no upfront money and must meet job and investment targets to obtain the funds.