South Raleigh News

Amrep Manufacturing Company, a producer of waste collection trucks, will expand its operations, adding 170 jobs and investing more than $21 million in Rowan County, Governor Cooper announced today.

“Amrep Manufacturing’s expansion in Rowan County validates our efforts to support homegrown manufacturers, including a great quality of life, an ideal location, and a diverse, skilled workforce,” said Governor Cooper.

Amrep is a subsidiary of Wastequip, a leading manufacturer of waste handling equipment. Headquartered in Charlotte, Wastequip provides comprehensive solutions for the cycle of waste hauling, collecting, storing, and transportation with manufacturing sites in 48 states and Mexico. Amrep’s new operation will produce front load and automated side load trucks for curbside collection. The new building will be an 80,000-square-foot production space adjacent to its current facility in Salisbury.

“This expansion continues Wastequip’s growth platform providing specialized equipment and services to customers in the waste industry as the leading integrated solution provider from generation to rest,” said Marty Bryant, President and CEO of Wastequip.

“Salisbury was Amrep’s first expansion of our manufacturing operations several years ago – and this area, including the highly skilled workforce and cooperation of local and state officials continues to afford excellent opportunities for us. We are very excited to get this project underway,” said Eric Mattson, President of Wastequip’s Truck Division.

“Amrep could have expanded anywhere, but they chose North Carolina,” said N.C. Commerce Secretary Machelle Baker Sanders. “This investment will require our increased investment in quality education and the workforce training systems to help our business community thrive.”

Positions at the facility will include fabricators, mounters, painters, supervisors, welders, and other support positions. Although salaries will vary by position, the average annual wage is $57,490 which exceeds Rowan County’s average of $52,101. These new jobs could create a potential payroll impact of more than $9.7 million for the region each year.

Amrep’s expansion in North Carolina will be facilitated by a Job Development Investment Grant (JDIG) approved by the state’s Economic Investment Committee earlier today. Over the course of the 12-year term of this grant, the project is estimated to grow the state’s economy by $335.2 million. Using a formula that takes into account new tax revenues generated by these jobs; the JDIG agreement authorizes potential reimbursement to the company up to $1.6 million over 12 years. State payments only occur following performance verification by departments that confirm job creation and investment targets are met.

The project’s projected return on investment is 51 percent meaning for every dollar spent by the state; it receives $1.51 in revenue back into its treasury even after considering grant reimbursements.

Additionally; Amrep's JDIG agreement could move up to $179;400 into a fund aiding rural communities across North Carolina attract future businesses when companies select sites located within Tier-2 counties such as Rowan their agreements allocate some new tax revenue towards Industrial Development Fund Utility Account supporting public infrastructure projects enhancing economic attraction capabilities

“These new jobs & investments are great additions” stated N.C Senator Carl Ford “This expansion helps fuel local economy positively impacting people”

“Amrep has been wonderful corporate citizen” commented N.C Representative Harry Warren “We’re thrilled about their decision growing here eager supporting continued success”

Partnering with North Carolina Department Commerce Economic Development Partnership included General Assembly Community College System Rowan-Cabarrus Community College Rowan County Economic Development Council Duke Energy

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