Asheboro-based machining company investing $1.2M in facility expansion, will hire 20


Asheboro-based PEMMCO Manufacturing is investing $1.2 million in its facilities, opening up capacity for new jobs and growing business.

Rick Powell, president of PEMMCO, told Triad Business Journal construction is expected to begin late fall on a 15,000-square-foot expansion, adding to the company's existing 50,000-square-foot facility.

PEMMCO has 85 employees, Powell said, and the company has committed to adding 20 new jobs with an average annual salary of $36,800. The company manufactures and…

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