It’s official. John Deere will expand its footprint in Kernersville. The company plans to build a new 380,000-sqft factory to make excavators.
The announcement comes after Forsyth County Commissioners approved $944,006 in economic incentives to be distributed over five years earlier this month. The strategic choice is based on the city’s proximity to major highways, seaports, and airports that will facilitate the transportation of products within the Southern US. Other factors include close proximity to customers and key suppliers.
“Kernersville has been an ideal location for John Deere for more than 35 years,” says Steve Brewer, General Manager, John Deere Kernersville. “We are excited to further invest in our future generation excavator portfolio and grow our engaged team.”
The $70 million investment will generate about 150 new jobs with an average annual wage of at least $64,362.
Construction is expected to begin in late 2024.
