KERNERSVILLE, N.C. -- Deere-Hiatchi is moving forward with an expansion that will create 340 jobs at its Kernersville manufacturing facility, officials announced Friday morning at a news conference.
The company is expected to spend $97 million on the four-year project -- making the facility one of the largest of its type in the U.S.
The company will purchase an additional 60 acres of land adjacent to its currently facility, where it already employs 743 workers, officials said.
The average annual compensation for the new positions is expected to be more than $42,000 plus benefits, officials said. The average annual wage in Forsyth County is $42,588.
Deere-Hitachi is a 50/50 joint venture between John Deere, located in Moline, Ill., and Hitachi Construction Machinery Corporation, located in Tokyo, Japan. The company was established in 1988 to provide both Hitachi and Deere brand excavators to the Americas.
The Kernersville facility manufactures several models of mid-sized excavators sold throughout North and South America.
"Through this investment, we will increase our manufacturing capacity and flexibility
and better serve our customers with the products they want -- when they want
them," said Al Seeba, the company's president and CEO. "The overall market for excavators remains quite strong and customer demand for the high-quality Deere and Hitachi-branded machines manufactured by our employees in Kernersville continues to grow. We believe the time is right to further invest in our North Carolina facility."
Forsyth County commissioners in Sept. approved a more than $1 million incentives package for the company to expand.
Hiring should start in January, for a listing of position and to complete an application visit:http://www.dhkernersville.com/Careers/Index.htm.