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Bharat Forge, a part of Kalyani Group, a privately held industrial group from India, will open a new facility in Lee County, Governor Roy Cooper announced Tuesday, September 17. The company plans to locate the operation in two phases, the first creating 304 jobs with the second creating 156. In total, the company plans to create 460 new full-time jobs, investing $170.9 million in Sanford, serving clients in the automotive sector.
“Global industrial manufacturer Bharat Forge is making its largest overseas investment in Sanford because our quality workers along with our other resources will help drive demand for their products,” said Governor Cooper.
Kalyani Group, established in the mid-1960s, is an Indian multi-national with high technology, engineering & manufacturing capability across critical sectors such as Engineering Steel, Automotive, Industrial, Renewable Energy, Urban Infrastructure and Specialty Chemicals. With end-to-end capability and a manufacturing footprint across India, Germany, Sweden, France & North America, the Group is a $3 billion conglomerate with 10,000 employees worldwide.
Bharat Forge’s project will create a variety of job functions at the plant including craftspeople, machine operators, and technicians.
Amit Kalyani, Bharat Forge Ltd. deputy managing director remarked, “We are delighted to make our biggest overseas investment in North America, in the state of North Carolina, which offers excellent advantages and a strong talent pool. Importantly, this also brings us closer to our customers in North America. This investment will help us create a strong global manufacturing footprint as part of our aluminum strategy, spanning Europe, Asia and the United States.”
Lee County Board of Commissioners Chair Amy Dalrymple gave remarks during the announcement, saying, “We are proud to have emerged as the first U.S. location for Bharat Forge. Our county strives to be a welcoming community, one where new residents and business not only feel welcomed, but they feel supported.
Sanford Mayor Chet Mann also commented, “This announcement is just the culmination of an open for business agenda that our city announced about six years ago. We are proud to have brought together our city and our county leaders with our business community and our stakeholders and our citizens to form a great public-private partnership.”
In addition to North Carolina Commerce and the Economic Development Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, the North Carolina Community College System, the North Carolina Department of Environmental Quality, Duke Energy, Lee County, the City of Sanford, and the Sanford Area Growth Alliance.