Global apparel technology and manufacturing company MAS Holdings has announced plans to open its first U.S.-based manufacturing facility in Randolph County, North Carolina, The Dispatch reported, which will create over 133 new jobs.
The nearly $20 million investment will be located in Asheboro.
"North Carolina enjoys a worldwide reputation as a center for textile research and workers," Gov. Roy Cooper said in a statement, according to Fibre2Fashion. "Our excellent business climate and location offer international firms an ideal place to reach and serve customers in the United States."
MAS headquarters is in Sri Lanka and currently employs over 85,000 workers globally. The textile company's network consists of 48 operating facilities spanning 15 countries and includes manufacturing plants, private industrial parks and design offices.
The Dispatch reported that the decision to open the center in North Carolina comes amidst an acquisition of Acme-McCray - another textile manufacturing company that has been in business for over a century. The organization manufactures active wear for U.S. retailers.
"MAS Holdings brings to North Carolina an exemplary corporate culture and a growing business," MAS Holdings Chairman Mahesh Amalean said, Fibre2Fashion reported. "Their concern for environmental impact is world class and keeping and growing textile jobs in North Carolina is exciting."