MST Rebar, a fiberglass rebar supplier, is expected to create 83 new jobs, investing more than $15.5 million to locate its first U.S. fiberglass rebar manufacturing facility in the town of Bladenboro, North Carolina.
Headquartered in Toronto, MST Rebar designs, engineers, and manufactures the first-of-its-kind fiberglass composite material for industrial construction projects.
Started by two brothers in 2012, MST Rebar has become one of the most sustainable concrete reinforcement suppliers in the world with growing demand for state transportation systems. The unique design makes it stronger, more durable, and lighter than traditional concrete reinforcement. MST will establish its operations in a 56,000-square-foot facility that can produce up to 75 miles of rebar each day.
David Richardson, President of MST Rebar, said, “MST-BAR is a revolutionary industrial product. It’s corrosion resistant, stronger than steel, lasts longer than the concrete it is reinforcing quarter the weight of steel, which offers less workplace injuries, and allows for shipping four times as much per truckload. Our fiber glass rebar is produced with less energy and has a very low carbon footprint. We are proud to have MST-BAR in the construction of North Carolina’s Alligator River Bridge.”
The new positions include apprentice machinists and inspectors, as well as engineers. Although wages will vary, the average annual salary for the new positions will be $54,361, which exceeds the Bladen County average wage of $46,867. These new jobs could potentially create an annual payroll impact of more than $4.5 million for the region.
