With the help of a $50,000 state grant, an Iredell County manufacturer plans to add 37 jobs and invest $6.4 million as part of an expansion project.
BestSweet, a manufacturer of consumer health care and confectionery products, will make the investment over the next three years in Mooresville. The company employs 272 full-time workers in the county.
Salaries for the new jobs will vary by job function but on average will be $39,215 plus benefits. The average annual wage in the county is $36,348.
“Mooresville and North Carolina has facilitated many of the opportunities for BestSweet and afforded the company the ability to attract talent at all levels because it is a both a great area to live in, work in and provides a positive business environment,” Richard Zulman, CEO of BestSweet, said in a press release.
The grant is from the One North Carolina Fund. Under grant terms, companies receive no upfront money but instead must meet job-creation and other goals to access the funding.
Over the past 18 months, BestSweet has invested $14 million in the Mooresville operation, adding 40,000 square feet of manufacturing space and a 140,000-square-foot warehouse and distribution facility, adding 70 new jobs.