Bladenboro, North Carolina, October 17, 2025
A Toronto-based company has pledged a $15.5 million investment to set up a rebar manufacturing plant in Bladenboro, North Carolina. This significant project is set to create 83 new jobs, contributing positively to the local economy and enhancing the manufacturing sector in the region. The establishment of this facility aims to boost job opportunities and foster economic growth within the community.
Bladenboro, North Carolina
Toronto-based MST Rebar Inc. has announced a $15.5 million investment to establish its first U.S. fiberglass rebar manufacturing facility in Bladenboro, North Carolina. This project is expected to create 83 new jobs in the area, significantly boosting the local economy and manufacturing sector.
Investment Details
The new facility will occupy a 56,000-square-foot building capable of producing up to 75 miles of rebar daily. The average annual salary for the new positions is projected to be $54,361, surpassing the Bladen County average wage of $46,867. This development could generate an annual payroll impact exceeding $4.5 million for the region.
Company Background
Founded in 2012 by two brothers, MST Rebar Inc. specializes in designing and manufacturing fiberglass composite materials for industrial construction projects. Their flagship product, MST-BAR®, is a corrosion-resistant alternative to traditional steel rebar, offering enhanced strength, durability, and reduced weight. The company has experienced growing demand for its products, particularly in state transportation systems.
Economic Impact
The establishment of MST Rebar’s manufacturing facility in Bladenboro represents a significant economic development for Bladen County. The project is expected to stimulate industrial and commercial growth, supporting long-term community redevelopment and revitalization efforts in the area.
State Support
The North Carolina Department of Commerce has awarded a performance-based grant of $250,000 from the One North Carolina Fund to assist MST Rebar in establishing its operations in the state. This grant is contingent upon the company meeting specific job creation and capital investment targets.
Community and Government Response
Local officials have expressed enthusiasm about the new investment. Bladen County and Bladenboro leaders anticipate that the facility will not only create jobs but also contribute to the revitalization of Bladenboro’s downtown area, fostering long-term economic growth and community development.
Related Developments
In recent years, North Carolina has seen a trend of significant investments in the rebar manufacturing sector. For instance, Nucor Rebar Fabrication announced a $20 million investment in a new rebar fabrication facility in Davidson County, creating 25 new jobs. This facility is adjacent to Nucor’s new steel rebar micro mill in Lexington, highlighting the state’s growing role in the rebar manufacturing industry.
FAQ
- What is MST Rebar Inc.?
- MST Rebar Inc. is a Toronto-based company specializing in designing and manufacturing fiberglass composite materials for industrial construction projects. Their flagship product, MST-BAR®, is a corrosion-resistant alternative to traditional steel rebar, offering enhanced strength, durability, and reduced weight.
- Where will MST Rebar’s new facility be located?
- The new facility will be located in Bladenboro, North Carolina, occupying a 56,000-square-foot building capable of producing up to 75 miles of rebar daily.
- How many jobs will the new facility create?
- The establishment of the facility is expected to create 83 new jobs in Bladen County, with an average annual salary of $54,361, exceeding the county’s average wage of $46,867.
- What is the One North Carolina Fund?
- The One North Carolina Fund is a performance-based grant program administered by the North Carolina Department of Commerce. It provides financial assistance to companies to help attract economic investment and create jobs, contingent upon meeting specific job creation and capital investment targets.
- What other recent investments have been made in North Carolina’s rebar manufacturing sector?
- In June 2024, Nucor Rebar Fabrication announced a $20 million investment in a new rebar fabrication facility in Davidson County, creating 25 new jobs. This facility is adjacent to Nucor’s new steel rebar micro mill in Lexington, highlighting the state’s growing role in the rebar manufacturing industry.
Key Features
| Feature | Details |
|---|---|
| Investment Amount | $15.5 million |
| Location | Bladenboro, North Carolina |
| Facility Size | 56,000 square feet |
| Production Capacity | Up to 75 miles of rebar daily |
| New Jobs Created | 83 |
| Average Annual Salary | $54,361 |
| Annual Payroll Impact | Over $4.5 million |
| One North Carolina Fund Grant | $250,000 |
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Author: Construction NC News
The NORTH CAROLINA STAFF WRITER represents the experienced team at constructionncnews.com, your go-to source for actionable local news and information in North Carolina and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the North Carolina Build Expo, major infrastructure projects, and advancements in construction technology showcases. Our coverage extends to key organizations like the Associated Builders and Contractors of the Carolinas and the North Carolina Home Builders Association, plus leading businesses in construction and legal services that power the local economy such as CMiC Global and Womble Bond Dickinson LLP. As part of the broader network, including constructioncanews.com, constructionnynews.com, and constructiontxnews.com, we provide comprehensive, credible insights into the dynamic construction landscape across multiple states.
