(Raleigh, NC) -- Gov. Bev Perdue today announced that Global Textile Alliance Inc, a leading fabrics manufacturer, will expand its operations in Rockingham County. The company plans to create 55 jobs and invest $7.4 million over the next three years in Reidsville. The project was made possible in part by a $150,000 grant from the One North Carolina Fund.
"North Carolina has a long and celebrated history in the textile industry," said Gov. Perdue. "Manufacturers are expanding here because of our state's investments in education and job training programs. Companies know that hiring a skilled workforce is a key part of thriving in a global economy."
Global Textile Alliance, headquartered in Reidsville, manufactures bedding and upholstery fabrics which are sold to several major U.S. furniture brands. The Reidsville plant is home to the company's corporate headquarters, distribution, design, sales and marketing, finance and quality control divisions. There are currently more than 130 people working at the facility.
Salaries will vary by job function, but the average annual payroll for the new jobs will be more than $1.5 million.
"Global Textile Alliance, Inc. is extremely pleased to have the continued support of North Carolina to help us broaden the foundation of our company," said Steven Graven, President of Global Textile Alliance. "The expansions we have planned will allow the company to grow in the overall scope of the products we manufacture in the United States."
The One NC 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. These grants also require and are contingent upon local matches.
North Carolina continues to have a top-ranked business climate. Through Gov. Perdue's JobsNOW initiative, the state works aggressively to create jobs, train and retrain its workforce, and lay the foundation for a strong and sustainable economic future.
Through use of the One NC Fund, more than 60,000 jobs and $11 billion in investment have been created since 2001. Other partners that helped with this project include: the N.C. Department of Commerce, N.C. Community Colleges, Rockingham County, City of Reidsville and the Rockingham County Partnership for Economic and Tourism Development."