Chatsworth Products to invest $15M, add 150 jobs

Key Takeaways:

• Chatsworth Products is investing $15 million.
• The project will create 150 new job openings.
• The location of the expansion is Craven County Industrial Park.
• This development signals ongoing industrial growth in the region.
• The news highlights a straightforward local business update.

Overview of Chatsworth’s Move

Chatsworth Products has announced a bold plan to expand its operations at the Craven County Industrial Park, located at Clarks Road and U.S. 70. According to the company, this initiative will bring an investment of $15 million into the region, standing out as a major boost to local industries.

Impact on Employment

A key aspect of this announcement is the creation of 150 new jobs. For many in the local community, this expansion represents a new wave of employment opportunities. Local business leaders have welcomed the move, noting its potential to energize the labor market and stimulate broader economic growth.

Significance for Craven County Industrial Park

The Craven County Industrial Park, situated at a strategic intersection for transportation and commerce, is set to benefit substantially from this expansion. By selecting this park, Chatsworth Products underscores the site’s advantages for businesses—ranging from logistical benefits to a supportive local environment.

Financial Commitment

At the heart of Chatsworth Products’ expansion is a substantial $15 million commitment. This level of investment is expected to cover infrastructure improvements, additional facilities, and the resources necessary to accommodate a larger workforce. Although the finer project details have not been disclosed, the scale of this funding underscores the seriousness of the company’s plans.

Looking Ahead

As the blueprint for Chatsworth Products’ expansion takes shape, local officials are optimistic about its long-term impact. The company’s latest move could open doors for further investments in the area, setting a positive example for other businesses seeking to grow. With 150 fresh jobs and a significant infusion of capital, community leaders anticipate a ripple effect that will reinforce Craven County’s role as a vibrant industrial hub.