GREENSBORO, N.C. — More high-paying jobs are coming to Greensboro.
City leaders announced Wednesday that RPM Wood Finishes Group will invest $25 million in a new Greensboro facility. The new facility will create 53 new jobs that pay an average of $70,000.
The company makes finishing products for things like wooden furniture, wooden floors, fabrics, and more.
"They believe in the talent and development and high educational attainment of the community. So, they want to partner with universities in the community and build out that talent pipeline," said Greensboro Chamber of Commerce Economic Development Executive Director Marvin J. Price.
RPM's new facility on Thorndike Road will occupy 60,000 square feet of office and lab space. It will be used for product research and development, officials said.
"This multi-million dollar investment confirms Greensboro is attracting top-notch companies," Mayor Nancy Vaughan said. "This center of excellence is another major landmark as we continue to expand our research and development footprint."
Price says they believe the facility will open up next year to begin the hiring process
RPM's news comes on the heels of several other big companies expanding and/or bringing new jobs to the Greensboro area.
Volvo Group North America announced earlier this week it would bring its headquarters for financial services to Greensboro. Three-hundreds jobs will move here in the process.
Boom Supersonic - a jet-maker- will build its flagship factory on the grounds of PTI Airport. The company will bring 1,700 jobs to the area.
Toyota will build its first North American battery plant at the Greensboro-Randolph Megasite, creating 1,700 jobs once it begins production in 2025.