Business Briefs

Electrical part supplier expanding in Goldsboro

Balfour Beatty Rail's Traction Power Group, which has 50 employees in Goldsboro, will add another 29 jobs in the next three years.

Posted Updated
Image
GOLDSBORO, N.C. — An electrical components manufacturer is expanding in Goldsboro with plans to add 29 jobs in the next three years, Gov. Bev Perdue said Friday.

Balfour Beatty Rail’s Traction Power Group, which currently employs 50 people in Goldsboro, makes electrical parts for the public transit industry. The company will invest more than $1 million during the expansion.

“The current expansion is necessary as Balfour Beatty Rail anticipates a growing demand for mass transit construction opportunities around the U.S., including systems such as the Charlotte Light Rail System and the recently awarded Charlotte Street Car System,” said Joe Reed, vice president of Transit for Balfour Beatty Rail.

He said the company will need project engineers, project managers, manufacturing personnel and others.

The average salary for the new positions will be $43,000. The average annual wage in Wayne County is $31,512.

The expansion is being helped by a $60,000 grant from the One North Carolina Fund, which was created to attract and retain businesses in the state.

 

 Credits 

Copyright 2024 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.