Posted September 1, 2014

 

In a follow-up to a June 17 report by eTC, textured yarn manufacturer CS Carolina, Inc. is officially expanding operations in Alamance County, N.C., Gov. Pat McCrory and N.C. Commerce Secretary Sharon Decker announced August 27.

 

The company plans to create 22 new jobs and invest $7.3 million over the next three years in Burlington. N.C.

 

CS Carolina employs 27 people in Alamance County. As part of its expansion, the company will relocate its plant from Swepsonville to Burlington, retaining those jobs and adding to the workforce. The need for a larger building was the catalyst for the company’s expansion.

 

“Textile manufacturing is a rich part of North Carolina’s history,” said Secretary Decker. “It is great to see this yarn manufacturer build upon its presence in the Piedmont and double its workforce in Alamance County.”

 

Salaries will vary by job function, but the annual payroll for the new jobs will be $772,200.

 

“We believe in the revival of the textile industry in North Carolina,” said In Tae Joo, president of CS Carolina. 

 

The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $80,000. The One N.C. Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. 

 

“We welcome these new jobs to Alamance County and look forward to CS Carolina’s contribution to continuing our state’s long history in textile manufacturing,” said Gov. McCrory.