RALEIGH, N.C. (AP) — A worldwide supplier of automotive parts says it's expanding its manufacturing facility in Henderson County.
Continental Automotive Systems said Wednesday it plans to create 40 jobs and invest more than $35 million over the next five years in Fletcher.
Continental AG, the parent company of Continental Automotive Systems, produces brake systems, components for powertrains and chassis, vehicle electronics, and instrumentation. Continental Automotive employs 626 residents at the Fletcher facility, and will expand manufacturing operations of vehicle brakes and chassis.
The average annual wage for the new jobs will be $49,450, plus benefits. The Henderson County average annual wage is $34,202.
The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $40,000.