Faith Technologies Incorporated (FTI)

Project facts

Decision / announcement date

2026-04-09

Date precision

day

Sector

Energy & power equipment

Facility action

New facility

Facility type

Modular electrical assembly plant

Project status

Announced

Project / facility

New 500,000 sq ft modular electrical assembly facility on 47 acres, Pittsboro Commerce Park

Figures & qualifications

Capital category

Committed

Capital scope

site

Jobs classification

Up-to figure (not counted)

Jobs basis

IEDC: 'up to 200 new Hoosier jobs by the end of 2027'. Up-to figure not counted (VP ruling 2026-10-04).

Statistical exclusion reason

Expansion band ($50M/100): outside the core $100M/250 statistical series.

Faith Technologies will invest $67.5 million in a 500,000 sq ft facility in Pittsboro.