Prudential Stainless to hire 30 in Tarboro - Restoration NewsMedia

TARBORO — Prudential Stainless & Alloys LP has announced its purchase of a warehouse in the Tarboro Commerce Center Industrial Park. The company will occupy and renovate the existing shell building with an $8.4 million investment and the addition of 30 employees.

Prudential Stainless is a wholesale distributor of stainless steel, nickel alloy and aluminum pipe, tube and bar. As a leading master distributor, the company only sells to other distributors throughout the United States, in Canada and worldwide.

“The town of Tarboro is thrilled to welcome Prudential Stainless & Alloys LP to our community and excited about the creation of 30 jobs and $8.4 million investment in our shell building development. This significant milestone not only boosts our local economy but also demonstrates the town’s commitment to attracting growth and providing valuable opportunities for our residents,” said Troy Lewis, Tarboro town manager.

Prudential Stainless will relocate to North Carolina from New Jersey. The company will complete construction on the warehouse facility at One Commerce Center Drive and add another building for a total of 100,000 square feet, plus a 1-acre fenced storage yard.

The new site will employ 10 employees within the next few months and a total of 20 to 30 long-term.

“We chose Tarboro for the business-friendly environment, the welcoming people, the central location for truck and air shipments and the proximity to seaports. We are very excited to make this move and to become part of such an amicable community for years to come,” said Joe Kreitzer, president of Prudential Stainless & Alloys.

The company will use the North Carolina Logistics Highway, a collaboration between airports, highways, rails and seaports designed to build customizable transit solutions.

“The Carolinas Gateway Partnership prides itself on building better futures through economic growth. With Prudential Stainless’ relocation to the region and their proven track record of success as both an industry leader and employer, the opportunity for a brighter future and economic growth in Tarboro is evident,” said Bob Pike, president and CEO of the Carolinas Gateway Partnership.

“Prudential Stainless is poised to be a strong partner of the community and region, and we look forward to welcoming them into the Carolinas Gateway region,” added Pike.

Established in 1997, the Carolinas Gateway Partnership is a public-private partnership dedicated to the creation of community wealth through the retention, creation and expansion of business opportunities in Edgecombe County, the city of Rocky Mount and the town of Tarboro.