Hamlet, a producer of pre-fabricated building components for the construction industry, will build a manufacturing facility in Richmond County.
The company, a division of the Volumetric Building Companies (VBC), will invest more than $12 million in Hamlet within the next three years. The investment will create 130 new jobs.
VBC manufactures pre-fabricated components that are used in the multi-family residential, student housing, and hospitality construction markets.
Volumetric modular construction is a fast-growing segment of the construction trade that streamlines the process of building by integrating design, engineering, construction and management into an off-site, vertically integrated supply chain.
The company will operate a facility previously run by Ritz-Craft Corp. The new plant will produce ‘volumes,’ a term used to describe modular units used for high density residential construction. VBC will enhance the plant’s current capabilities with investments in the plant building, its workforce, and new technology.
The North Carolina Department of Commerce and the Economic Development Partnership of N.C. offered the state’s support for the company’s decision.