Smithfield Foods to add 330 jobs, expand plant in Kinston
North Carolina grants Smithfield Foods a $700,000 grant as an incentive to expand its packaged meats plant. The company says it will invest $85.5 million in the expansion.
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The food industry giant will invest $85.5 million to expand the facility over the next three years. It also plans to add a production line of packaged meets.
North Carolina agreed to provide a $700,000 grant from the One North Carolina Fund as an incentive for Smithfield to make the expansion in the state. Such grants require a local match.
Smithfield already employs more than 12,000 people in the state.
The Kinston facility is part of Smithfield Packing Company.
"The expansion of the Kinston plant will allow us to increase our packaged meats production to keep up with growing customer demand for our products," said C. Larry Pope, chief executive officer at Smithfield Foods, in a statement released from Gov. Bev Perdue’s office.
Salaries will average $27,644 plus benefits compared to a Lenoir County average wage of $29,276.
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