Canadian manufacturer to invest $16M in Burke County sock plant
Richelieu Legwear will invest $16 million in a new Burke County sock-manufacturing plant and add 205 jobs by the end of 2018.
The Canadian company acquired assets of International Legwear Group in Hildebran, near Hickory, in 2011 and currently employs 60 people at an existing plant.
The expansion is supported by a long-term commitment from Walmart, its main customer, according to a press release from the governor's office.
Richelieu could receive up to $2.9 million over 12 years from the state Job Development Investment Grant program if it meets job creation goals.