Precor Inc. will invest $26.2 million to build a manufacturing facility in Greensboro, NC that will create 142 jobs during the next three years.
In Greensboro, Precor plans to manufacture commercial strength equipment for a range of venues including health clubs, hotels, universities and multifamily housing. Greensboro was selected following a national search focusing on location, workforce quality and facility operating costs. Precor is a brand of Amer Sports Corp.
Salaries for the 142 new positions will vary by job type, but the average annual wage will be $38,456 not including benefits.
“Precors commercial strength business is growing rapidly, and this new North Carolina facility will be key to our ability to serve increasing customer demand,” said Paul Byrne, president of Precor. “Were looking forward to bringing the facility online.”
The project was made possible in part by a $142,000 grant from the One North Carolina Fund, which provides financial assistance through local governments to attract business projects that will stimulate economic activity and create new jobs in the state.