NVR is expanding its presence in Kings Mountain, Cleveland County

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Homebuilder NVR is investing $33.9 million in Cleveland and Cumberland counties over the next 12 years, supported by state incentives.

bthomas@heraldsun.com

Virginia-based homebuilder NVR will expand its presence in North Carolina, creating 261 jobs in the two counties.

The company plans to invest more than $33.9 million in North Carolina by expanding its presence in Kings Mountain, Cleveland County, and building a new facility in Fayetteville, Cumberland County, according to a news release Tuesday from Gov. Roy Cooper’s office.

The NVR expansion is supported by a job development grant approved by the North Carolina Economic Investment Committee on Tuesday. The 12-year grant could provide the company with up to $1.6 million in compensation if NVR meets the state’s job and investment goals.

The expansion is expected to boost North Carolina’s economy by about $516 million over a 12-year period, according to the state.

The average annual salary for the new positions is $46,510.

NVR builds and sells homes through subsidiaries Ryan Homes, NVHomes and Heartland Homes. It operates in 15 states in the eastern US, including the Carolinas.

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Blake Douglas is a trainee reporter covering health, transport and local government. He graduated from the University of Oklahoma in May 2022 and covered local politics in Oklahoma as an intern reporter for NonDoc Media and the Tulsa World. Connect with Blake on Twitter @Blake_Doug918



NVR is expanding its presence in Kings Mountain, Cleveland County

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