A textile manufacturer based in Kernersville is planning an expansion in Winston-Salem.

Tex-Tech Industries will invest over $24 million to build its new manufacturing center in the city with a goal of creating nearly 60 jobs over five years.

According to a news release from Greater Winston-Salem, a 170,000-square-foot facility will be located on Old Lexington Road in the city’s Southeast ward.

Most of the jobs created will be in advanced manufacturing operations with an average wage of $64,000.

Tex-Tech develops and manufactures specialty textiles and textile coatings primarily for the aerospace, automotive, and medical industries.

Governor Roy Cooper released a statement praising the expansion for building upon “the company’s success in Forsyth County for 60 years.”

The expansion is expected to generate almost $42 million in investment.

The project includes incentives from the state, the City of Winston-Salem, and Forsyth County.

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