An investment of $18 million has been announced by German manufacturer VEKA for its fourth North American facility, which is slated for construction in Morganton, Burke County.
The manufacturer, described in the announcement as the world’s largest extruder of PVC window and door profiles, currently maintains facilities in Pennsylvania (VEKA/North American headquarters), Texas (VEKA South) and Nevada (VEKA West). The proposed facility will operate as VEKA East.
Planned for the new location is a warehouse, office spaces and up to 30 extrusion lines. The facilities are expected to be fully-operational by the second half of 2018.
“North Carolina was a perfect location for us… The cooperation with the… business development team was excellent. The city of Morganton has welcomed us with open arms, and we are excited to join this great community as a new neighbor,” said VEKA North American president Joe Peilert.
Governor Roy Cooper has given the project his approval. “VEKA chose North Carolina for its east coast expansion because they know our prime location, top-rated business climate and talented workforce will ensure success,” he said.
The company’s expansion to Burke County has elicited the support of the state’s Department of Commerce and the Economic Development Partnership of N.C.
“VEKA is bringing 102 new jobs and a significant capital investment to Morganton. The people… look forward to working with VEKA to make this project a great success,” said N.C. Senator Warren Daniel.
A grant of $500,000 will be granted to the manufacturer based on performance, under the One North Carolina Fund. VEKA will not receive funds until it hires locals and reaches capital investment targets.
