North Carolina governor Pat McCroy announced last week that yarn manufacturer CS Carolina, Inc. will invest $7.3 million over the next three years in an expansion of its operations. The company will be relocating its plant from Swepsonville, N.C. to a larger facility in Burlington, N.C., creating 22 new jobs.
The expansion was made possible by a performance-based grant from the One North Carolina Fund of about $80,000. The One North Carolina Fund aids companies that will help stimulate economic activity and create new jobs in the state. CS Carolina, Inc. manufacturers, sells and distributes yarn and employs 27 workers in the Alamance County area.
McCrory said, “It’s crucial that we continue to create an environment where our existing businesses can expand. North Carolina’s manufacturing workforce help companies like CS Carolina grow. 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.”