LEXINGTON, N.C. — German industrial company Siemens Mobility plans to build its eastern U.S. rail-car manufacturing center in Lexington, creating 506 jobs and investing $220 million.
[ ALSO READ: National homebuilder NVR adding manufacturing jobs in region ]
The company won approval on Tuesday from the North Carolina Economic Investment Committee for an incentives package totaling about $16.8 million.
In addition, incentives from Davidson County and the city of Lexington come to another $16 million.
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