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jimken
New User
| Posts: 27
| Joined: 08/11
Posted: 09/26/11
11:15 PM
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Even as its parent company considers a sale or merger, Michigan automotive supplier Cooper Standard has announced that it will expand its manufacturing plant and create 137 jobs in Goldsboro after it was awarded a state incentives grant worth $157,400.
Cooper Standard (OTCBB: COSH) already employs 373 full-time employees at two plant facilities in Goldsboro. The plants produce extrusion, notching and molding processes for the automotive weather-strip market, and company officials say expansion in Goldsboro will allow it to grow its technology offerings and capabilities to serve a global customer base.
The company expects to invest $17.9 million in the plant by the end of 2012.
Salaries will vary by job function, but the average annual wage for the new jobs will be $31,713, plus benefits. The Wayne County average annual wage is $29,848.
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