Trinity company to expand with 14 jobs, invest $4.7M

January 9, 2014

Jowat Corp. which develops and manufactures adhesive and chemical products, will expand its facility in Trinity, with plans to add 14 new jobs and invest $4.7 million over the next three years to accommodate production growth, according to a Thursday announcement from the city.

The Jowat project was made possible in part by a performance-based grant of up to $70,000 from the state Department of Commerce. The grant will also be accompanied by a local match totaling $3,500 from the city of Trinity and Randolph County.

Rainhard Kramme, Jowat's president and CEO, and Martin Lamberg, company vice president of manufacturing, said in a written statement to Trinity that the company is committed to further investment in the local plant because it believes that Trinity and North Carolina as a whole is a good place to manufacture products for both the North and South American markets.

The company, which is a subsidiary of Jowat AG, serves the markets in North, Central and South America and governs the subsidiaries in Canada, Mexico, Brazil, Chile, and soon in Colombia. The consolidated 2013 sales of the company's American activities rose above $67 million and is anticipated to grow in the coming years,according to a release.

As of the end of 2013, the total number of company employees had increased to 167 employees, up from 146 at the beginning of the year. The company's U.S. staff totaled 127 at the end of 2013.

Source: Triad Business Journal