J&L Machine and Fabrication announced Wednesday it will create 33 new jobs in Stanley as part of a $2.1 million capital investment.
The company provides high-precision steel parts for heavy industrial equipment and machines.
The average annual wage is estimated to be $50,808, just exceeding the Gaston County average of $50,746.
The company has been made eligible for up to $70,000 in performance-based incentives from the One North Carolina Fund, which requires local matches.