North Carolina Governor Josh Stein announced Cardon Rehabilitation & Medical Equipment USA, a manufacturer of customizable powered treatment tables and exercise equipment, will add 20 new jobs in Lenoir County. The company will invest more than $4 million to establish its U.S. headquarters and manufacturing facility in Kinston.
Cardon is a Canadian company that manufactures therapy tables and equipment used in clinical and rehabilitation settings. To support its growing U.S. customer base, the company is establishing a 60,000-square-foot operation in Kinston.
While wages will vary by position, the annual average salary for the new positions will be $48,965, in line with the average wage in Lenoir County of $48,683. These new jobs could potentially create an annual payroll impact of more than $979,000 for the region.
A performance-based grant of $60,000 from the One North Carolina Fund will help the company expand to North Carolina. The OneNC Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All OneNC grants require a matching participation from local governments, and any award is contingent upon that condition being met.
In addition to the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina, other key partners in this project include the North Carolina General Assembly, North Carolina Community College System, Lenoir Community College, North Carolina’s Southeast, North Carolina Global TransPark Economic Development Region, Electricities, Lenoir County, Lenoir County Development Alliance, and City of Kinston.
