"Prolec-GE Waukesha, Inc. Announces $140 Million Expansion in Goldsboro, North Carolina: Creating Jobs and Driving Economic Growth"
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"Prolec-GE Waukesha, Inc. Announces $140 Million Expansion in Goldsboro, North Carolina: Creating Jobs and Driving Economic Growth"
[!CDATA[Prolec-GE Waukesha, Inc., a power transformer manufacturer, is set to undergo a $140 million expansion in Goldsboro, North Carolina. The company has secured a $4,696,000 state grant for the project, which is expected to generate 330 new jobs. The new positions will offer an average salary of $71,912, significantly higher than the county's average wage of $46,211. State Senator Buck Newton, representing the area, expressed optimism about the economic growth and stability that the investment will bring to Eastern North Carolina. The expansion is seen as a positive step towards ensuring reliable energy equipment is produced domestically. Wayne County, with a population of approximately 120,000 and a poverty rate of 17.1%, stands to benefit from the job creation and economic boost. The new plant in Goldsboro will be a significant addition to the region, with Seymour Johnson Air Force Base located in the county seat. The state job development grant for Prolec-GE Waukesha, Inc., will be disbursed over 12 years, contingent upon the company meeting its job creation targets. The collaboration between government, industry, and community leaders is crucial for driving growth in the manufacturing sector. Juan Ignacio Garza Herrera, Xignux CEO and Prolec GE Chairman, emphasized the long-term commitment to creating sustainable value for North America's energy market through the $140 million investment. The company aims to contribute to a better world by energizing life and society. The project is poised to bring significant benefits to the region and support the local economy. In conclusion, the expansion of Prolec-GE Waukesha, Inc., in Goldsboro represents a major investment in the manufacturing sector, with the potential to create hundreds of new jobs and boost economic growth in Wayne County. The partnership between government, industry, and community stakeholders underscores the commitment to driving progress and creating sustainable value for the region.]]