RALEIGH, N.C. — Frontier Spinning Mills will invest $20 million over the next three years to expand one of its two mills in Sanford and will create 42 additional jobs.
The company will receive a $40,000 One North Carolina Fund grant through Gov. Mike Easley’s office.
Frontier will spend $20 million to expand the mill. The company employs 1,500 people in North Carolina. It makes cotton and cotton-blended yarns.
“Frontier Spinning Mills’ decision to expand its operations in North Carolina is a reflection of our determination to help our traditional industries thrive and compete in the global economy,” Easley said in a statement.
North Carolina’s textile industry has been hit hard by layoffs in recent years due to offshoring of jobs to less expensive operations.
''We are pleased to announce plans to expand one of our facilities in Sanford and Lee County,'' said George Perkins,Frontier’s chief executive officer. ''The state and local communities have been very supportive of our company and its growth throughout the years. This support has helped Frontier make investments and create jobs that have been so meaningful to this area and across the state. Our company’s success is also a tribute to its valued employees and customers.''
One North Carolina Fund grants require at least a local match from government and/or private partners.
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