# C.R. Onsrud breaks ground for 67,000-square-foot building expansion

C.R. Onsrud broke ground on a new 67,000-square-foot building as part of a multi-phase expansion project that also includes a 9,900-square-foot machine shop expansion and new equipment. The $17 million investment is expected to add 50-100 jobs and the new building is expected to be completed in Q2 2024.

- Type: Expansion
- Announced: 2023-03-07
- Where: Troutman, North Carolina, United States
- Value: $17.0M
- Jobs: 100
- Starts operating: Q2 2024
- Status: under construction
- Capacity: 225,000 square feet total campus
- Products: CNC machining solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [C.R. Onsrud](https://endata.com/companies/67958.md)

## Sources

- [compositesworld.com](https://www.compositesworld.com/news/cr-onsrud-breaks-ground-for-machine-shop-expansion), 2023-03-07: "This project represents a $17 million reinvestment into the business for the new building, expansion and equipment."
- [tradeandindustrydev.com](https://www.tradeandindustrydev.com/region/north-carolina/news/nc-machinery-manufacturer-cr-onsrud-add-building-31494), 2023-03-08: "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."

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