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Friday, May 24, 2024

Danish duct company to add 54 jobs in Gaston County

Lynddahl Telecom America, which makes ductwork for fiber optics installations, will create 54 jobs in Gaston County and invest more than $5.6 million to build its first North American plastic extrusion production site in Belmont.

Lynddahl Telecom America, part of a Danish business, plans a 55,000-square-foot facility to manufacture the protective conduits for fiber-optic cables.

Corning, CommScope and other companies make massive amounts of fiber at several
North Carolina locations, including Hickory. High Point-based Lumos is spending hundreds of millions to install fiber cable across the Southeast and Atlantic.

“Everyone is increasingly expecting high speed internet everywhere, be it for remote work, distance learning or leisure,” said LTA president Jacob Ulrik Petersen in a release. “Over the next decade, historic investments into upgrading broadband access throughout America will be made and this represents a major business opportunity for us.”

New positions will include production managers, plastics engineers, administrative officers, and production technicians. Salaries will vary by position with the average annual wage of $60,315, exceeding the Gaston County average of $50,746.

These new jobs could potentially create an annual payroll impact of more than $3.2 million for the region.

A performance-based grant of $100,000 from the One North Carolina Fund will help LTA establish its new production site. The fund provides financial assistance to local governments to help attract economic investment. The grant requires matching participation from local governments and hinge on meeting job and investment targets.

 

Chris Roush
Chris Roush
Chris Roush is executive editor of Business North Carolina. He can be reached at croush@businessnc.com.

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