Published On:June 23 2008
Story Viewed 2551 Times

Rel Industries to build plant in N America

Mumbai: Reliance Industries USA Inc. said it plans to invest USD215 million in a plant in Kinston, where 204 people will eventually be employed. The company makes resin used in the manufacture of plastic containers and specialty polyester yarns.

State Department of Commerce spokesman Charles Winkler said the company could get as much USD 2.2 million in benefits if it meets all the requirements in its state contract. Those requirements include creating the jobs within five years and maintaining them for nine years, beginning in 2009.

Easley said the average annual wage will be USD46,500, not including benefits. The yearly average wage in Lenoir County is USD27,040.

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