Avgol Picks Davie – $35 Million Investment; 42 Jobs Expected
Avgol is expected to invest $35 million and create 42 new jobs at its Mocksville plant in the next three years.
The announcement came earlier this month. Avgol, a leading manufacturer of ultra lightweight nonwoven fabrics, had also considered the expansion at its sites in China and Russia.
The project was made possible in part by an $84,000 grant from the One North Carolina Fund.
The announcement was made the day after N.C. Commerce Secretary Keith Crisco met with Avgol CEO Shlomo Liran in Tel Aviv, Israel. The meeting was part of Crisco’s trade mission to increase investments in North Carolina from Israel. Over the last eight years, Israeli investments in North Carolina amount to more than $233 million and 930 jobs created.
Avgol is the leading global …