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TMD to proceed with major expansion

Posted on Tuesday, February 27, 2018 at 6:12 am

Officials of Toledo Molding & Die (TMD) have voted to proceed with an expansion of its Fayetteville manufacturing facility, an expansion that will double the plant’s size and add between 150 and 200 more jobs to the company’s workforce here.

That approval came from TMD’s board of directors Tuesday afternoon, said Elaine Middleton, economic development director of the Fayetteville-Lincoln County Industrial Board (FLCIDB), late last week, noting that tentative plans had been in the works for some time.

Now, she and IDB officials are working with the board’s attorney and leaders of TMD, a civil engineering firm, and bankers to finalize plans for the site work phase of the expansion and an agreement on project financing.

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