Germany based manufacturing company KACO is set to expand its production facility in North Carolina investing $8.4Mn. The expansion will help create 100 new jobs in the next three years.
KACO expansion plan in North Carolina will help them get a performance-based grant of $100,000 from the One North Carolina Fund for helping create jobs.
About KACO new energy
KACO new energy is a manufacturer of power converters, particularly inverters and monitoring equipment for photovoltaic systems and power supplies for rail vehicles and industry.
The company was founded in 1999 under the name of KACO Gerätetechnik. It is based in Neckarsulm, Baden-Württemberg, Germany.