Texwipe, a US-based manufacturer of contamination control supplies, will invest more than $4.5 million to locate a manufacturing facility in Mount Airy in in Surry County, generating 33 jobs, North Carolina governor Roy Cooper announced recently. The state’s department of commerce led a team of partners in supporting Texwipe’s expansion decision.
A performance-based grant of $75,000 from the One North Carolina Fund will help facilitate Texwipe’s expansion.Texwipe, a US-based manufacturer of contamination control supplies, will invest more than $4.5 million to locate a manufacturing facility in Mount Airy in in Surry County, generating 33 jobs, North Carolina governor Roy Cooper announced recently. The state's department of commerce led a team of partners in supporting Texwipe's expansion decision.#
Texwipe, headquartered in Kernersville, North Carolina, since 1991, manufactures contamination control supplies and critical cleaning products for life sciences, semiconductor and other industries requiring critical manufacturing environments.
“Texwipe is an important part of our life sciences supply chain, and the company’s expansion brings exciting benefits on several levels,” a press release from the governor’s office quoted North Carolina commerce secretary Anthony M Copeland as saying.
The new positions in the company include production, maintenance and managerial staff. The average annual salary for all new positions will vary creating a payroll impact of more than $1.2 million per year. Surry county’s overall average annual wage is $37,222.
The One NC Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment.
Other key partners in the project include the North Carolina Community College System, Surry Community College, Surry County, Surry County Economic Development Partnership, City of Mount Airy, and Duke Energy.
Fibre2Fashion News Desk (DS)