gillespie-precast-expanding-into-randolp

Gillespie Precast Expanding into Randolph County

April 17, 2025

Gillespie Precast Expanding into Randolph County

Gillespie Precast Will Create 60 New Jobs in Randolph County
Gillespie Precast NC expands their operations to southwestern Randolph County NC serving the southeast market.

Randolph County NC – Gillespie Precast LLC is a 100-year-old, fifth-generation family owned and operated precast concrete manufacturer that serves utility and site contractors in the MD, DE, PA NJ and VA markets. Gillespie Precast has over 200 years of combined management experience and a solid reputation for producing high-quality products backed by excellent customer service. Current product line and precast concrete solutions include box culvert, dry utility (power, electric and communication) structures, pump station structures, pre-piped meter vaults, sanitary and storm sewer drainage items, complete trench drain packages, and many types of custom precast.

“We are excited at the prospect of having Gillespie Precast NC, LLC join our Randolph Business Community. Our EDC team continues to bring these quality businesses to Randolph County,” said, Darrell Frye, Chair, Randolph County Commissioners. “Their investment in both property and jobs will further secure future stability in the County and for our families.”

Gillespie’s plans to establish a manufacturing facility in Randolph County NC will allow the company to expand its current operations south to serve both existing and new clients. The target product line will consist of precast concrete box culvert, both wet and dry utility vaults, manholes, catch basins, box culverts and other custom structures.

“While we had several locations within North Carolina and Virginia targeted in our expansion plans, once we walked the property at High Pine Church Road it was abundantly clear to us that this was where we were going to plant our flag,” stated, Andrew Gillespie, President of Gillespie Precast. “The welcome we received from the county’s leadership, the support we have had from the representatives at the RCEDC, and the positive outreach by the adjoining property owners and neighbors in the area, really sealed the decision for us. We are excited to begin production and look forward to being a great partner for the people and Randolph County community for many years to come. Beyond that, I would encourage and even urge other businesses to take a hard look at Randolph County for expansions like ours. They are serious about making life better for their residents and are eager to help bring in the best, market ready companies available to them.”

Gillespie Precast plans to purchase 32.85 acres on High Pine Church Road, Asheboro NC, formerly owned by Hughes Furniture Industries. The company plans to demolition portions of the existing structures while renovating other sections while building a new facility on site. The company’s estimated new investment exceeds $9 million, creating sixty new jobs with average wages of $63,000, which is above the county average wage of $49,355.

“We are so pleased that Gillespie Precast has chosen Randolph County to set up their new facility, said Crystal Gettys, Business Recruitment Director for Randolph County EDC. “This is the perfect business for this property, and it will make the highest and best use out of it, all while adding good paying jobs to this section of the county. We welcome Gillespie Precast and look forward to seeing its success here.”

Gillespie Precast’ s investment and job creation qualifies them for both local and state incentives. Upon meeting their investment and job creation measures, Randolph County has approved a local incentive grant of $92,000 to be paid over a five-year period. In addition to local incentives, Gillespie Precast qualifies for $350,000 in state grants to include a One NC Grant and a Building Reuse Grant, both requiring the local government to be the applicant on behalf of the company and a local match that will be satisfied as part of the local incentive package.
The EDC is grateful for the support of all the partners who helped make this announcement possible to include Randolph County, North Carolina Department of Commerce, Economic Development Partnership of North Carolina (EDPNC), and North Carolina Community College System.

About the Randolph County Economic Development Corporation: The Randolph County Economic Development Corporation is dedicated to fostering economic growth, supporting local businesses, and enhancing the quality of life for residents. Our mission is to support a growing healthy economy so that local residents have diverse, quality job opportunities through the attraction of new businesses to the area and the retention and expansion of existing businesses and industries. Through strategic partnerships and innovative programs, RCEDC drives industrial development and strengthens the county’s position as a premier business destination in North Carolina. RCEDC is a proud community member of the NC Carolina Core.