Lydall, a manufacturer of interior and exterior products for automobiles, is expanding its facility in Yadkinville and plans to create 170 jobs over the next three years.
The Connecticut-based company is receiving a $300,000 grant from the One North Carolina Fund. 
Lydall’s automotive products protect passengers from extreme heat and insulate them from noise and vibration.
The company will spend $18.5 million making improvements to its Hamptonville facility, which employs 500. It will lease additional space in a new facility in Yadkinville, about 25 miles west of Winston-Salem.
The new jobs will pay an average annual wage of $25,294 plus benefits, which is below the Yadkin County average of $27,716.
Business reporter David Bracken came to the N&O in 2004. He covers commercial and residential real estate. Contact David at 919-829-4548 or
Comments
Statisculations?
Thu, 03/10/2011 - 13:50 — meschreinerWhen you report 'average,' exactly what kind of average are you talking about?
Is the 'average annual wage of $25,294' the mean, median or mode?
That's important to know.Without that crucial bit of information, the numbers you provide don't tell us much.
If that number is a mean, or arithmetic, average of salaries in the plant -- execs included -- than the number could very well be far higher than the salary of the typical employee working there.
A median (the half-way point in the list of all salaries) or mode (the most-common salary amount earned in the plant) would get us closer to an fairer representation.
We need that info, also, to make sure that the comparison with the 'average' county figure of $27,716 is fair.
Exactly what is that county figure? Is it per-capita income (all the income in the county divided by the number of persons)? If so, that's not a really helpful number because it divides income among a group of people that includes babies, school kids, the unemployed and the retired. Clearly, that figure doesn't accurately represent what a typical working person makes in the county, which is the comparison you claim to us you're making.
But if you told us what kind of averages you're reporting, and their source, we'd have a fighting chance of knowing that.