Rail-car maker to bring 1,300 jobs to Wilmington
Posted November 13, 2014
Wilmington, N.C. — A company that makes tanker rail cars plans to open a plant in Wilmington that will employ more than 1,300 people, officials said Thursday.
Vertex Rail plans to invest $55 million to convert a facility near the Cape Fear River formerly owned by Terex Crane to produce up to 5,000 tanker cars a year to transport crude oil from North Dakota, Texas and other energy-producing states.
Vertex said in a statement it will be hiring assemblers and fitters, welders and painters, as well as personnel with expertise in engineering, logistics, quality assurance, sales, safety and management. Salaries will average about $40,000 annually.
Vertex will work with Cape Fear Community College on customized training programs, officials said.
The North Carolina departments of Transportation and Commerce are contributing $305,000 combined from the Economic Development Fund to restore the River Road crossing and signals near the plant, while the Rail Division of DOT is contributing another $200,000 from the Freight Rail & Rail Crossing Safety Improvement Fund to upgrade the rail spur to the plant.