John Deere future generation excavators previously produced in Japan will be manufactured at a $70 million factory in North Carolina, the company said Tuesday.

Kernersville, a Forsyth County community off Interstate 40 between Greensboro and Winston-Salem, will be the new home with an expected employment of 150 workers. In May 2024, county commissioners approved an incentive package for the company over five years valued at $944,006.

At the time, average annual wages were projected to eclipse $64,000. Economists are historically skeptical on average wage comparisons because salaries of a few corporate leaders can skew the average higher while it would not have the same impact on the median wage.

Read the article.