A British manufacturing company chose Durham to build a new factory and create 155 jobs over the next three years.
ACW Technology, a contract manufacturer for international commercial, aerospace and defense customers, will locate its newly created American subsidiary in Durham’s Research Tri-Center industrial park.
The company will receive $70,000 in incentives from the city of Durham and a $50,000 grant from the One North Carolina Fund.
Jeffrey Benes, ACW’s vice president and general manager, said the company has signed a three-year lease on 30,000 square feet in Research Tri-Center and has an option to lease 30,000 additional square feet in the future.
Benes said ACW will begin hiring immediately. ACW will pay average annual wages of $33,457.
Benes said about 80 percent of the workforce will be jobs on the assembly line, and the remainder will be engineers and managers.
ACW Technology currently has plants in the United Kingdom and China.
The Durham factory will assemble and install printed circuit boards and other electronic systems. Benes said ACW will spend the next eight weeks renovating the space and expects to have the manufacturing facility up and running by April 1.
ACW also had been considering Wake and Franklin counties. Cary officials last month declined to offer an incentives package to the company, citing worries about lowering the town's median salary, which is just under $47,000.
Assistant Business Editor Alan M. Wolf joined the N&O in 1999 covering the business of health care. He became an editor in 2001, and helps oversee the paper's daily business coverage and Sunday Work&Money section. He lives in Clayton with his wife and two children. Reach him at 919-829-4572 or 
