{"id":1004162526,"date":"2016-12-27T06:24:22","date_gmt":"2016-12-27T14:24:22","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004162526"},"modified":"2022-12-08T13:57:07","modified_gmt":"2022-12-08T21:57:07","slug":"gkns-nc-facilities-get-179m-boost","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/gkns-nc-facilities-get-179m-boost\/","title":{"rendered":"GKN’s NC Facilities Get $179M Boost"},"content":{"rendered":"

By Laura Calugar<\/p>\n

\"The<\/a>

The GKN plant in Maiden County, N.C.<\/p><\/div>\n

Charlotte, N.C.<\/strong>\u2014British-based GKN Driveline recently announced its plans to expand operations at its five facilities in North Carolina. The company plans to add a total of 302 jobs and invest at least $179 million in Alamance, Catawba, Lee, Maiden and Person counties. GKN opened its first facility in North Carolina in 1978, and its various locations in the state currently employ more than 2,700 people. GKN Driveline\u2019s expansion adds a total of 159 people at its facilities in Sanford, Mebane and Timberlake over five years, and 143 jobs in Maiden over four years.<\/p>\n

GKN Driveline develops, builds and supplies an extensive range of automotive driveline technologies. The company is a unit of GKN PLC, a global engineering business based in Worcestershire, United Kingdom.<\/p>\n

GKN Driveline\u2019s expansions in Alamance, Lee and Person counties will be facilitated, in part, by a Job Development Investment Grant. GKN is eligible to receive up to $1.5 million in total reimbursements over 12 years. The company\u2019s expansion in Catawba County, facilitated through a separate JDIG, makes GKN eligible to receive up to $1.6 million over 12 years. The state\u2019s Economic Investment Committee approved both grants.<\/p>\n

\u201cGKN Driveline is a global leader in the automotive industry and our innovative all-wheel-drive and eDrive technologies position the company for growth in the coming years. North Carolina is an important part of our strategy, with strategically located facilities and an outstanding workforce. GKN Driveline is excited about our expansion and its positive impact on the state and local communities,\u201d said Phil Swash, GKN Driveline\u2019s CEO, in prepared remarks.<\/p>\n

GKN Driveline\u2019s expansion is supported by the North Carolina General Assembly, the North Carolina Community College System, the N.C. Department of Transportation, Alamance County, Catawba County, Lee County, Person County, the City of Mebane, the Town of Maiden, the Catawba County Economic Development Corporation, the Sanford Area Growth Alliance, Alamance Chamber and the Person County Economic Development Commission.<\/p>\n

Image via Google Street View <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The auto technologies manufacturer plans to add a total of 302 jobs in Alamance, Catawba, Lee, Maiden and Person counties.<\/p>\n","protected":false},"author":238,"featured_media":1004162527,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21748,21783,21742,1604,32781],"tags":[33078],"class_list":["post-1004162526","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-charlotte","category-industrial","category-investment","category-latest","category-raleigh-durham","category-southeast","tag-job-development-investment-grant"],"acf":[],"yoast_head":"\nGKN's NC Facilities Get $179M Boost - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/gkns-nc-facilities-get-179m-boost\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GKN's NC Facilities Get $179M Boost\" \/>\n<meta property=\"og:description\" content=\"The auto technologies manufacturer plans to add a total of 302 jobs in Alamance, Catawba, Lee, Maiden and Person counties.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/gkns-nc-facilities-get-179m-boost\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-12-27T14:24:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T21:57:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/12\/The-GKN-plant-in-Maiden-County-N.C..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1260\" \/>\n\t<meta property=\"og:image:height\" content=\"613\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laura Valean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/gkns-nc-facilities-get-179m-boost\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/gkns-nc-facilities-get-179m-boost\/\",\"name\":\"GKN's NC Facilities Get $179M Boost - 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