A turbine blade manufacturer announced Friday that it will expand its operations in Forsyth County and create 55 jobs over the next five years.
Ellwood Advanced Components will invest $33 million in its facility in Rural Hall, about 15 miles north of Winston Salem.
The company received a $188,000 grant from the One North Carolina Fund.
The average annual wage of the new jobs will be $49,028, plus benefits. The Forsyth County average is $42,588.
Ellwood Advanced Components, which makes turbine blades for steam and gas-powered turbines, is a subsidiary of the Ellwood Group. The Ellwood Group is a steel manufacturing and forging company with operations in Pennsylvania, Ohio, Texas, Michigan and Canada.
Ellwood Advanced Components employs 145 people at its Rural Hall facility.
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