TROUTMAN, N.C. -- C.R. Onsrud, a family-owned Machinery manufacturing company, broke ground on March 1 for the construction of a new 67,000-square-foot building. This addition will bring the C.R. Onsrud manufacturing campus up to 225,000 square feet. The company says the new construction will house production of their larger machines that are in demand, as well as additional offices.
 
"We feel very fortunate to be in a position of growth and opportunity, investing in the future of manufacturing, and the positive impact this has on the people in our local community,” said CEO Tom Onsrud. “And I think our customers will be pleased because now we'll have the space to make more machines — especially the large ones — and ship them out faster.”
 
This new construction is part of a multi-phase expansion project that includes a 9,900-square-foot expansion of the existing machine shop along with the purchase of new equipment to increase production capacity. The expansion is currently in its final stages with the new equipment being installed. This project represents a $17M reinvestment into the business for the new building, expansion, and equipment.    
 
The company expects this investment will add another 50 - 100 positions to its vertically integrated manufacturing headquarters in the Town of Troutman. Currently, C.R. Onsrud employs approximately 200 individuals, from welders, machinists, painters, and product assemblers to engineers, sales, and administrative staff.  “With the huge demand for manufacturers to produce more [product] faster, our CNC machine tool manufacturing business has boomed. We need the floorspace, and I'm looking forward to growing our team,” said Onsrud. “A company is nothing without its people." 
 
The new building is expected to be completed during Q2 of 2024.
 
C.R. Onsrud would like to thank the Town of Troutman, Iredell County, Iredell Economic Development Corporation, and SouthState Bank for their assistance with this project.
 
Since 1976, from their factory in Troutman, C.R. Onsrud has designed and engineered advanced CNC machining solutions for a wide range of industries, including aerospace, marine, woodworking, and composites, amongst many other industries. The Onsrud family has been in the machining business for over a century.
 
"When we started the company,” said Onsrud, “I never imagined a facility of this magnitude, but here we are. We are excited to be a part of the resurgence in US manufacturing that helps fuel the US economy, innovation, and jobs.”