CONCORD, N.C. — Red Bull announced Tuesday it is opening a new manufacturing facility in Concord, North Carolina, promising to bring hundreds of well-paying jobs to Cabarrus County.
The facility will move into the old Phillip Morris plant on Highway 29 in Concord. North Carolina Gov. Roy Cooper said the move will include an investment of over $740 million, as well as the creation of over 400 jobs with an average wage of $50,377. These new jobs are expected to pay nearly $10,000 more than the average of $41,255 in Cabarrus County.