Packaging company Sealed Air Corp. is investing millions of dollars at a North Carolina manufacturing facility, a move that will create new jobs, the state said.
The company will spend $10.4 million over three years to expand in Lenoir, N.C., and create 25 new jobs in the process, according to the North Carolina Department of Commerce.
“This project will enhance production capacity with a renovated facility and new equipment for the company,” the state said in a statement.
The new jobs will pay an average of $49,306. That compares to an average salary of $34,744 in the area, the state said.
The One North Carolina Fund, which provides financial assistance to local governments to attract economic investment and jobs, is providing a $100,000 grant for the project. This grant requires a local governmental match.
“Sealed Air is bringing quality, well paying manufacturing jobs and a significant capital investment to Western North Carolina with this project,” state Sen. Deanna Ballard said in a statement.
Sealed Air is based in Charlotte, N.C.