Mack trucking 500 jobs into Greensboro

Posted August 14, 2008

— Mack Trucks Inc., one of North America’s largest producers of heavy-duty trucks, plans to move its headquarters and some support functions to Greensboro in the next three years, creating 493 jobs, officials said Thursday.

The move unites Mack with Volvo Trucks North America, which already is based in Greensboro. Both companies are members of the Sweden-based Volvo Group, the world’s second-largest producer of heavy-duty trucks.

Mack has been based in Allentown, Pa., and support functions like information technology, parts logistics, product development and purchasing that serve both Mack and Volvo Trucks are located there as well. The move to North Carolina is designed to boost the competitiveness of the two companies by improving the efficiency, officials said.

“The city of Greensboro and the state of North Carolina have been great partners to the Volvo Group for a number of years,” Mack President and Chief Executive Dennis R. Slagle said in a statement. “Mack looks forward to continuing that partnership and making a positive contribution to the area’s economy and community.”

Mack expects to invest $17.7 million in its Greensboro location, and the move is expected to be completed by the end of 2010. The average annual salary of the new jobs is expected to be more than $73,800, not including benefits.

Guilford County's average salary is $37,700.

The state agreed to refund up to $8.5 million in employee withholding taxes to Mack if it creates the promised 493 jobs and retains them for at least nine years, officials said.


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  • Of The South Aug 14, 2008

    I wonder if this is part of an effort to combat increasing fuel costs and competition with the railway industry. I listened to an NPR report last month that discussed how railroad transportation is going to be the trucking industry's biggest rival. The report stated a significantly larger amount of cargo could be hauled via rail with about 1/2 the fuel required for trucks.

  • fireman1963 Aug 14, 2008

    More incentives to another large company. And guess who makes up the difference - the small companies.

    Last year my unemployment tax was 1.2% of the wages paid to employees. This year it was raised to 3.84% because the unemployment benefit fund was running short. And how many claims against my company last year? none. And how many charges against my company since I opened? none.

    Stop funding these large companies on the backs of the small ones. Is it good for Greensboro for Mack to be there? No question that it is. Does the small business owner and the NC taxpayer need to fund/finance this relocation? Not in a million years.

  • SubwayScoundrel Aug 14, 2008

    Good news. Now if Volvo and Mack will become sponsors of the Hurricanes, that would be even greater.

  • Pseudonym Aug 14, 2008

    As long as they don't bring their politics and weather with them.

  • Phrostbite Aug 14, 2008

    Greensboro could definetly use the boost.

  • Funky Neighbor LEE Aug 14, 2008

    Greensboro Rocks

  • 68_polara Aug 14, 2008

    Wow, Allentown certainly didn't need this.

    I blame Bush.