A German company that makes products used in the auto industry plans to locate its first U.S. manufacturing facility in Shelby.
KSM Castings NC plans to hire 189 people by the end of 2018. It will build a 110,000 square foot production facility and invest more than $45 million in the Cleveland County operations, according to press release from the N.C. Department of Commerce.
If it meets hiring and investment goals, the company could receive as much as $705,000 from the state's One North Carolina Fund, and as much as $2.86 million in Job Development Investment Grants.

A publicly traded paper company plans to build a new factory in Shelby, about 45 miles west of Charlotte, and create 250 jobs over five years.
