NORWOOD — Norwood Manufacturing, a Stanly County manufacturer of heating, venting and air-conditioning (HVAC) equipment, announced April 30 that it plans to expand its operations in the county. The company, which is a subsidiary of Burnham Holdings, will add five new jobs and around $700,000 of investments in new machinery and equipment, according to a press release.
“Norwood Manufacturing, Inc. (NMI) has been in operation since 2004 in Stanly County,” Robert Farlow, plant manager at NMI, said in the release. “Supported by the growth of Thermo Products, LLC, its sister company in Denton, NC, NMI has been able to continue to invest in equipment and add high skilled jobs to its Norwood facility. We look forward to future opportunities, as we partner with Stanly County Economic Development Commission and the Town of Norwood.”
Incentives were approved by both the Stanly County Board of Commissioners and the Town of Norwood earlier in April.
“On behalf of Stanly County Commissioners, we are pleased to see an existing company grow and need additional equipment,” Bill Lawhon, chairman of the board of commissioners said, adding that “this growth will result in five more jobs for the citizens of Stanly County.”
Burnham Holdings and its subsidiaries like Norwood Manufacturing manufacture “thermal and interior comfort solutions used in a wide range of residential, commercial, and industrial applications” for the HVAC industry.
“The Norwood Town Council congratulates Norwood Manufacturing on their pending expansion,” said Norwood Mayor Linda Campbell. “We are pleased to partner with the business community to stimulate the economy and expand employment opportunities. We wish Norwood Manufacturing every success as they grow and expand.”