For Polyhose Inc., an expansion into North Carolina — and the overall U.S. and North American markets — can be attributed to the company's strong standing within the global hose community, according to company officials.
The 1,800-employee, Chennai, India-based thermoplastic hose manufacturer is looking to build a warehouse and assembly center just outside of Wilmington, N.C., bringing 51 jobs and investing nearly $8 million in the Pender County facility.
"North America and the U.S. is by far and away the largest hose market in the world," Jonathan Pressler, senior vice president at Polyhose, said. "And really, across its length, Polyhose has world-class quality, a requirement for doing business in the U.S.
"This particular location — and why we're doing it now — has more to do with Polyhose's standing right now more than anything else."
Fatima Mohammed, president of Polyhose Inc. USA, said the planned expansion in North Carolina "is a matter of great pride for Polyhose."
"The fact that we are going to be contributing to the economy and creating opportunities for the people of the state gives us a sense of fulfillment," Mohammed said. "We have a strong, diverse team in place, with Jonathan Pressler based in Wilmington, and are looking forward to an exciting phase in the growth of the company."
At 40,000 square feet, the planned facility will be built in an industrial corridor along U.S. Route 421, for hose assembly and distribution. Infrastructure already is in place, Pressler said, and the facility should be operational by the fourth quarter of 2020.