Speedline Corp., is moving its North Carolina operation to Reidsville after a tornado damaged its plant in nearby Greensboro.
Solon, Ohio-based Speedline manufactures PVC fitting covers and jacketing systems to protect the insulation of mechanical piping, bare metal and equipment for industrial and commercial applications.
Speedline started to search for a new site after its Greensboro location was damaged by a tornado on April 15. The tornado cut a path of destruction and destroyed homes and businesses in Greensboro with wind speeds of 135 mph, according to the National Weather Service.
Rockingham County is getting $125,000 from the North Carolina Rural Infrastructure Authority (RIA) toward the reuse of a 120,600-square-foot building in Reidsville.
The company expects to create 10 jobs and invest nearly $1.8 million in the project. Reidsville is about 20 miles from Greensboro.
The Speedline grant was among 19 grant requests totaling $7.3 million announced by North Carolina Commerce Secretary Anthony Copeland.
"Rural North Carolina communities have a lot to offer families and businesses, and they need infrastructure that complements those unique assets," Copeland said. "These new Rural Infrastructure Authority grants will help invest in that infrastructure and support the creation of good jobs across our state."
In addition to its North Carolina location, Speedline also has plants in Ohio, California and Texas.