Business

Insulation company to bring 61 jobs to Huntersville

More than 60 new manufacturing jobs are on their way to Huntersville, the governor’s office announced Thursday.

A news release from the governor’s office said that Nutec Group, an insulation company based in Mexico, will be constructing a $19.2 million facility and hiring 61 workers. The company plans to pay the workers an average salary of about $40,000, the release said.

The project is contingent upon approval of separate grants by the Mecklenburg Board of County Commissioners and the Huntersville Town Board of Commissioners. The amounts of these grants were not disclosed in the release.

The release did say that the company is receiving a performance-based state incentive of up to $100,000, though none of that incentive will be doled out up front.

The company has facilities in Mexico, Brazil and Spain, but the Huntersville plant will be Nutec’s first in the United States, the release said.

“Nutec recognized that North Carolina’s highly skilled workforce is a great fit along with great location to make and distribute products to its U.S. and Canadian customers,” said North Carolina Commerce Secretary John Skvarla.

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