Hoffman & Hoffman to spend $40 million to expand North Carolina factory campus

Hoffman & Hoffman announced December 16 it would expand its Greensboro, North Carolina headquarters and factory. The HVAC supplier said the expansion would cost $40 million and create 131 manufacturing jobs.

According to a joint statement with the North Carolina governor’s office, the deal is supported by a 12-year Job Development Investment Grant. The state estimated that reimbursement would be worth up to $1.1 million and increase the state economy by $487 million, provided the company meets its job creation and investment targets.

What people are saying

“The Hoffman family of companies continues to grow because our employee-owners never lose sight of the people we serve,” said Jim Bingham, CEO of Hoffman & Hoffman, Inc. “When we put our customers at the center of every decision, success follows.”

“We are grateful that Hoffman & Hoffman is deepening its roots in North Carolina,” said North Carolina Gov. Josh Stein. “Companies that do business here know better than anyone the benefits of operating in our state, and they know they can count on our skilled workforce, our robust transportation network, and our excellent quality of life as they grow.”

“I’m excited to welcome Hoffman & Hoffman’s continued investment in the Triad,” said N.C. Commerce Secretary Lee Lilley. “Manufacturers like this need a strong and stable business climate to be successful, and we’re committed to providing the partnerships that support this company’s next phase of growth."

Manufacturers investing in North Carolina

CITEL announces $15 million move to North Carolina from Florida
The French surge protector manufacturer also said it would build a new UL-certified surge test lab at the new location.

GE Aerospace to spend $52.9 million to expand aviation plant
In a statement, the company said the move would create 44 new jobs.

BorgWarner auto OEM to build new $75 million North Carolina plant
The auto parts manufacturer will create 193 new jobs at the plant, the governor’s office said.