Omega Industries Plans Fayetteville Manufacturing Site
The company will invest $3.5 million to renovate a South King Street facility.
Updated on Oct. 27, 2026 in Manufacturing
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Omega Industries is set to establish new manufacturing operations at a renovated facility on South King Street in Fayetteville. The project represents a total investment of $3.5 million.
Why it matters
The expansion brings industrial manufacturing back to the city, creating 20 new jobs in Cumberland County. State and local incentives are supporting the project to facilitate this regional growth.
The $3.5 million project is supported by a $152,000 state grant and a $7,600 local city cash match. This investment is projected to add 20 new jobs to the local economy in Cumberland County.
The players
Omega Industries
A manufacturing firm with 50 years of experience specializing in railroad track products and steel components.
City of Fayetteville
The municipal government that approved the local cash match to support the industrial expansion project.
State of North Carolina
The state government entity that awarded the $152,000 Building Reuse Grant to facilitate the renovation.
The details
Omega Industries specializes in the production of railroad crossings, steel components, and track products. The city council recently approved a resolution to support the state building reuse grant necessary for the facility upgrades.
Timeline
The project announcement and grant support were formalized as of October 27, 2026.
Market Landscape
The project follows the pattern set by the North Carolina Building Reuse Grant Program to incentivize industrial facility upgrades. This move positions the facility to compete in the regional railroad component supply chain by repurposing existing infrastructure.
Residents may see an increase in local employment opportunities as the facility prepares to add 20 jobs. The project also helps repurpose a vacant or existing space on South King Street to benefit the city tax base.
The takeaway
Industrial expansion projects often rely on public-private partnerships to revitalize older manufacturing spaces. Residents looking for new employment should monitor local job postings as the renovation nears completion.
Further reading
Learn more about local industrial developments in the Fayetteville Manufacturing section.
Source note: This article includes information reported by Area Development.
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