Carlisle Construction Materials, the roofing and building materials manufacturing arm of North Carolina-based Carlisle Cos. Inc., plans to expand its manufacturing in Cumberland County and hire about 50 people, according to the state Department of Community and Economic Development.
The company is planning to build a 72,500-square-foot facility in Carlisle to make plastic and rubber membranes not currently produced at its other facilities, according to DCED.
The company employs about 537 people at its facility along Ritner Highway in Carlisle. The project is expected to be a $40 million capital investment.
DCED is giving Carlisle Construction Materials $222,500 in assistance for the expansion, broken down as such:
• $100,000 in Pennsylvania First program grant.
• $100,000 in Job Creation Tax Credits.
• $22,500 in a guaranteed free training grant for new and incumbent workers.
“Today’s announcement exemplifies what happens when business and government work together — 50 new, high-paying manufacturing jobs to this region,” Gov. Tom Corbett said in a statement.
The Governor’s Action Team worked with the Cumberland Area Economic Development Corp. to line up the agreements.
Carlisle Construction Materials had made other expansions to its overall business in recent years.
Carlisle Cos. posted net income of $55.2 million in the first quarter, about 7.8 percent less than a year ago. The company trades its shares on the New York Stock Exchange under the ticker symbol CSL.