Titan Announcement Boosts Building-Products Industry in Region
The Southeast Region's building-products cluster took a major leap forward in April with the announcement by Titan America that it would resurrect and modernize a former cement production complex in Castle Hayne. The site will employ a 161-person workforce at an average annual salary of $72,068, pay that is well above New Hanover County's $33,228 average.
If approved for permitting by state and federal regulators, it will be North Carolina's only cement plant. Titan America is a Norfolk, Va.-based subsidiary of century-old Titan Cement Company S.A. based in Athens, Greece. Company representatives contacted North Carolina's Southeast for assistance in their location search, as well as officials of Wilmington Industrial Development (WID), which oversees business recruitment in New Hanover and Pender counties.