Rocky Mount, N.C. — A company that makes products for the elevator market plans to expand its Nash County operations, creating 67 jobs in the next three years, officials said Thursday.
Draka Elevator Products will invest more than $3.1 million in its Rocky Mount headquarters to begin producing specialized cables for cellular communication towers.
The company already employs more than 130 people in North Carolina, and salaries for the new jobs will average $44,164, plus benefits. Nash County's average annual wage is $34,112.
Draka Elevator qualified for a $100,000 grant from the One North Carolina Fund, which provides financial assistance to business expansion projects. Companies receive no upfront money and must meet job and investment targets to obtain the funds.
The company is among a group of firms that operating under the Italian-based Prysmian Group. It serves customers in North America, Brazil, Europe and China.