Gildan Yarns will expand its existing yarn spinning manufacturing facilities in Rowan and Bladen counties and will establish a new yarn spinning facility, North Carolina's governor and commerce secretary announced Tuesday afternoon.
“500 jobs is an absolute incredibly announcement. For this region for, the state that has been really hurting with the manufacturing losses of this past decade... but to see manufacturing come back because of our labor force and the market place because of the partnership with the state and localities, is just great news for these three counties in North Carolina," Governor Pat McCrory said.
The company, a subsidiary of Gildan Activewear Inc., will invest more than $250 million to build a yarn spinning facility behind its Salisbury location, which is currently under construction, and another in Mocksville, and will expand and renovate its Clarkton location.
“We are seeing a come back for manufacturing in NC and its whats going to get us out of this recession and its manufacturing and whats even better is they are going to use cotton grown right here in NC. So our Ag community and manufacturing community benefit," McCrory continued.
The expansion efforts are expected to create more than 500 new jobs in the state.
The announcement was made by Gov. Pat McCrory and Commerce Secretary Sharon Decker.