Sealed Air Corporation, a leading packaging solutions company and maker of Bubble Wrap, will create 25 jobs and invest $10.4 million over three years in Caldwell County as it expands its manufacturing facility in Lenoir, North Carolina.
Salaries for the new jobs will vary by position but will average $49,306 annually. The average salary in Caldwell County is $34,744. “Sealed Air is bringing quality, well-paying manufacturing jobs and a significant capital investment to Western North Carolina with this project,” said state Sen. Deanna Ballard.
Global company Sealed Air’s manufacturing sites include plants in Lenoir, Hudson and High Point, N.C. The Lenoir project will renovate the plant, add new equipment and enhance production capacity.
“Sealed Air has been a partner in North Carolina since deciding to locate its global headquarters in Charlotte in 2014,” said state Commerce Secretary Anthony M. Copeland. “We look forward to continuing to work with Sealed Air to expand and bring good jobs to North Carolina.”
Salaries for the new jobs will vary by position but will average $49,306 annually. The average salary in Caldwell County is $34,744.
“Sealed Air Corporation and, in particular, the Sealed Air Lenoir Facility, sincerely appreciate the partnership and financial commitment that the state of North Carolina has demonstrated through its support of our investment in this facility and its talented and committed employees,” said Plant Manager Karen Crisp.
The expansion is supported by a $100,0000 grant over three years from the One North Carolina Fund. The fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. The state incentive requires a matching grant from local governments.
Regional Industry Manager Bill Slagle of the Economic Development Partnership of North Carolina supported this project, in partnership with the state Department of Commerce, state General Assembly, the Caldwell Economic Development Commission