Trinity company to add 11 jobs

Apr. 13, 2013 @ 03:00 PM

A Randolph County adhesives manufacturer intends to move forward with a proposed expansion now that two local government bodies have authorized incentives for the project, according to a company official.
The Randolph County Board of Commissioners recently approved a cash grant of up to $5,000 to assist Novamelt Americas LLC with its plans to purchase and expand its Uwharrie Road plant in Trinity. The $4 million project would add equipment and 11 new jobs at the facility over five years.
The Trinity City Council approved the same amount of incentives for the project last month. The company must meet job-creation and capital-investment thresholds before it can receive the grants.
Randolph County Economic Development Corp. President Bonnie Renfro said the new jobs would pay an average annual wage of $45,403. She said the county was in competition with other sites for the project.
“I think they looked both regionally and at a sister plant in China for the expanded capacity. It really is a very, very nice company, very nice project and good, quality jobs,” Renfro said.
Novamelt President Jim Auber said Friday that the company is working to purchase the building that houses its plant, as well as some surrounding acreage, both of which are owned by Jowat Corp.
Novamelt and Jowat are both headquartered in Germany. They both make adhesives but don’t compete with each other, Auber said. They established a joint venture in 2005 that brought Novamelt to Jowat’s existing campus in Trinity.
Novamelt grew and became financially independent enough to buy back Jowat’s minority share in the joint venture, which it did in 2012, he said. The company, which has a work force of 14, makes rubber-based, pressure-sensitive, hot-melt adhesives that are used in self-adhesive labels, tapes and medical and hygiene products.
Auber said the timetable for the project will hinge on when the land and building sale go through and all the necessary permits associated with the expansion are obtained.
“The plan is absolutely to move forward with all of the expansion and all of the building and all of the hiring, and everything else,” he said. “At the moment, everything looks good, but we’ve just got to get through all of this grunt work.”