MORGANTON Gov. Bev Perdue announced Monday that Leviton Manufacturing Co. Inc., a leading manufacturer of electrical wiring, lighting control, power cables and other electrical products, will expand its manufacturing operations in Morganton, creating 152 jobs over three years, and make a capital investment of $7.3 million.
Founded in 1906 and headquartered in Melville, N.Y., the company currently employs 531 people in North Carolina.
The overall average wage for the 152 new jobs in Morganton will be $35,488 a year.
The Burke County average annual wage is $31,304.
The project was made possible in part by a Job Development Investment Grant. Under the terms of the grant, the company is eligible to receive a grant equal to 55 percent of the state personal income withholding taxes derived from the creation of new jobs for each of the eight years in which the company meets annual performance targets. If Leviton meets the targets called for under the agreement, the grant could yield $1.1 million in maximum benefits for the company.
Leviton started manufacturing in North Carolina in 1960. The company designs, manufactures and markets electrical and electronic wiring devices, data center connectivity solutions, lighting energy management solutions, metering systems and related items for worldwide sale to the manufacturing, industrial and electronics industries.
In a release, company Chief Financial Officer Mark Baydarian said North Carolina employees are loyal, dedicated and productive. Additionally, we have found the state to be fair and supportive of manufacturing growth.