C.R. Onsrud breaks ground for machine shop expansion

Pictured from left to right: Christina Harrington, Rich Guerin, Alyson Onsrud, Bill Onsrud, Tom Onsrud, Jeff Onsrud and Chris Meidenbauer from C.R. Onsrud, and Talmadge Strickland and Michael Strickland from T.C. Strickland Construction. Photo Credit: C.R. Onsrud

C.R. Onsrud (Troutman, N.C., U.S.) designs and engineers advanced CNC machining solutions for a wide range of industries, including aerospace, marine, woodworking and composites, amongst others. The family-owned company recently broke ground for the construction of a new 67,000-square-foot building. This addition will bring the C.R. Onsrud manufacturing campus up to 225,000 square feet. The company says the new construction will house production of its larger machines that are in demand, as well as additional offices. The new building is expected to be completed during Q2 of 2024.

“We feel fortunate to be in a position of growth and opportunity, investing in the future of manufacturing and the positive impact this has on the people in our local community,” CEO Tom Onsrud says. “And I think our customers will be pleased, because now we'll have the space to make more machines — especially the large ones — and ship them out faster.”

The new construction is part of a multi-phase expansion project that includes a 9,900-square-foot expansion of the existing machine shop along with purchase of new equipment to increase production capacity. The expansion is currently in its final stages with the new equipment being installed. This project represents a $17 million reinvestment into the business for the new building, expansion and equipment.

The company expects this investment will add another 50-100 positions to its vertically integrated manufacturing headquarters in the town of Troutman. Currently, C.R. Onsrud employs approximately 200 individuals, from welders, machinists, painters, product assemblers to engineers, sales and administrative staff. “With the huge demand for manufacturers to produce more faster, our CNC machine tool manufacturing business has boomed. We need the floorspace, and I'm really looking forward to growing our team,” Onsrud adds. “A company is nothing without its people.”

C.R. Onsrud would like to thank the town of Troutman, Iredell County, Iredell Economic Development Corp. and SouthState Bank for their assistance with this project.