Carolina Precision Plastics announced today that it will locate a new facility in Davie County and create 140 jobs over the next three years. 
The company expects to invest $5.3 million in the facility in Mocksville, about 130 miles west of Raleigh.
The company will receive a $250,000 grant from the One North Carolina Fund if it meets hiring and investment goals.
The average annual wage for the new jobs will be $39,183 plus benefits. The Davie County average is $28,808.
Privately held Carolina Precision Plastics has manufacturing facilities in North Carolina, Connecticut and China. It employs 280 people at its facilities in Greensboro and Asheboro.
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 
