A startup manufacturer of firearm ammunition plans to hire 150 people over three years for a new facility in Lumberton, about 100 miles south of Raleigh.
Cape Fear Arsenal, a 3-year-old company with just seven employees today, would receive $1 million in state and local incentives for meeting the hiring targets and investing more than $15 million in a new manufacturing facility.
The company expects to sell cartridges, projectiles and cases to law enforcement agencies, said CEO Dave Hargitt. Customers could also include state and federal agencies as well as other manufacturers who buy components and assemble them, he said.
The jobs will include managers, press operators, machinery operators and forklift operators. The positions will pay an average wage of $41,559, plus benefits, which is about $15,000 a year more than the average annual wage in Robeson County.