A publicly traded paper company plans to build a new factory in Shelby, about 45 miles west of Charlotte, and create 250 jobs over five years.



Clearwater Paper announced earlier this month that it wanted to build a new facility in the Southeast to make private-label tissue products for retail grocery chains throughout the Southeast and along the East Coast.

The Spokane, Wash.-based company also considered sites in Macon, Ga., Chester, S.C., and Chattanooga, Tenn.

In Raleigh this morning, N.C. Commerce officials approved giving the company incentives worth up $3.5 million if it meets its hiring goals.