A Canadian apparel manufacturer announced Tuesday that it expects create about 500 new jobs in the state by the end of 2016 as it expands an existing plant and opens two new ones.
Gildan Yarn, a subsidiary of Montreal-based Gildan Activewear, expects to invest $250 million building yarn spinning facilities in Salisbury and Mocksville, and renovating and expanding an existing facility in Clarkton.
Gildan was awarded an incentives package that could be worth $3.49 million if it meets hiring and investment milestones.
Tuesday's announcement is the second major expansion by Gildan over the past year.
Another Gildan subsidiary, CanAm Yarns, announced plans in December to open a new ring-spinning factory in Salisbury that is expected to employ 170 people. CanAm is eligible to receive $1.55 million in incentives if it meets hiring and investment goals for that project.