25 May 2017
By Ken Elkins, Charlotte Business Journal
A longtime Monroe manufacturer is doubling the size of its presence with a $40 million truck-hub factory near the Charlotte-Monroe Executive Airport.
Consolidated Metco Inc., which already has about 500 employees at a 220,000-square-foot plant closer to downtown Monroe, will bring 100 additional jobs to the new facility.
Production of the truck-hub and brake-rotor plant, which will supply the Charlotte area’s Freightliner plants among others, should start later this year. Much of the foundation for the new plant is already built, with ConMet officials expecting the building to be ready in October.
“The city of Monroe is a critical part of our company,” says Mike Swiderski, president of ConMet. Based in Vancouver, Wash., the company makes components for commercial trucks. It has six plants in the United States and Mexico.
ConMet, under another name, dates to 1964 in Monroe.
About 50 local and company officials attended a groundbreaking for the airport-area facility.
The new plant in Monroe Corporate Center will contain 253,000 square feet and will be used to assemble and ship truck hubs and brake assemblies that are made at the current ConMet plant on Patton Avenue.
Incentives from the city of Monroe, Union County and the state total $2.7 million.
Swiderski says an improving truck manufacturing market has ConMet busy with construction at its facilities “around the world.”
Jim Keaney, plant manager at the Patton Avenue plant, says ConMet will have more manufacturing space once the new facility is in production.
ConMet is a subsidiary of Chicago-based Amsted Industries, which manufactures railroad, construction and building equipment.
The Keith Corp. is developing the 20-acre site in Monroe Corporate Center, which has room to double ConMet’s space there, says Ken Beuley, CFO of Keith Corp.
Choate Construction Co. is the general contractor on the job. Merriman Schmitt is the architect and Burton Engineering is doing the civil engineering work.