Friday, May 24, 2024

South Africa manufacturer expanding to Winston-Salem, adding 32 jobs

Radél, a South Africa-based electro-mechanical component manufacturer and distributor, is expanding operations to Winston-Salem.

The company will invest $9 million to establish a new production facility, adding 32 jobs initially. Radél plans to add 50 new jobs by 2029 with an average wage of $65,294, more than the Forsyth County average.

Earlier this month, the Forsyth County commissioners approved a $69,746 incentive package for the company to establish the manufacturing facility in Winston-Salem.

“Every company has unique needs and we are proud that we are able to deliver such a wide range of sites to the market to suit a variety of needs,” said Mark Owens, president and CEO of Greater Winston-Salem. “With this project, we are able to find a new use for an existing property with a redevelopment that will generate jobs in a previously underutilized site.” 

The facility will focus on power electronic assemblies — which are used to produce electric motor generator units — advanced regulators and converters. These efforts will benefit the heavy-vehicle sector and defense industry.

Radél expects to add $2 million to the local economy. The expansion will be supported by the One Carolina North Carolina Fund, which promises a $75,000 performance-based grant. To receive the OneNC Fund, Radél must first meet job creation and capital investment targets.

“After considering multiple locations we are excited to land in Forsyth County,” said CEO Francois Rademeyer in a release. “We are impressed with the talent pipeline and the meaningful effort to focus on the advanced manufacturing sector here. The location is ideal for enhancing connections with our clients in the United States, Mexico, and Canada.”

Based in Johannesburg, South Africa, the company has supplied and manufactured electrical, electronic, and electro-mechanical components since 1996.

The company primarily serves different sectors across the vehicle industry, from railway locomotives to heavy commercial vehicles.

Related Articles