The residential cabinet manufacturer NexGen Cabinets will create 42 new jobs in Duplin County, North Carolina.
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The company will invest more than $6.7 million to establish an East Coast assembly and manufacturing facility in the Town of Wallace.
NexGen is a division of Honsoar International, a manufacturer of kitchen and bathroom furniture with a global production footprint in Malaysia, Vietnam, and Cambodia. NexGen will manufacture and kitchen and bathroom cabinets for multifamily residential wholesale markets in North, Central, and South America.
The location in Duplin County will be the first manufacturing site in the southeastern United States with a 150,000-square-foot space for assembly, production, and distribution operations.
Although salaries will vary by position, the average annual wage will be $50,462. The Duplin County average is $45,722.
These new jobs could potentially create an annualpayroll impact of more than $2.1 million for the region.
A performance-based grant of $125,000 from the One North Carolina Fund awarded to NexGen Cabinets will help the company locate to Duplin County.
The OneNC 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.
All OneNC grants require a matching participation from local governments and any award is contingent upon that condition being met.
In addition to the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina, other key partners in this project include the North Carolina General Assembly, North Carolina Community College System, James Sprunt Community College, North Carolina’s Southeast, Duplin County Board of Commissioners and Economic Development Commission, Duke Energy, and the Town of Wallace. ■
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