# Reich LLC invests $10.9M in Arden facility expansion

Reich LLC announced plans to invest $10.9 million in its Arden, North Carolina operations, adding 15 new jobs with wages 40% above the county average. The investment covers new technology, machinery, and equipment.

- Type: Expansion
- Announced: 2018-09-12
- Where: Arden, North Carolina, United States
- Value: $10.9M
- Jobs: 15
- Status: announced
- Products: turned parts, ball bearings, components for fuel injection systems, automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Reich LLC](https://endata.com/companies/19033.md)

## Sources

- [ashevillechamber.org](https://www.ashevillechamber.org/news-events/press-releases/reich-llc-announces-expansion-at-arden-facility/), 2018-09-12: "Reich LLC announced plans to invest $10.9 million in its Arden operations."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.