Renfro Corp. has announced it will create 168 new jobs over the next five years as it spends $17.5 million on equipment and construction to renovate its Cleveland, Tenn., plant.
The Mount Airy, N.C.-based socks and legwear company said it anticipates the project will be completed in January 2016. The company now employs more than 250.
Tennessee Gov. Bill Haslam and Tennessee Commissioner of Economic and Community Development Bill Hagerty joined Renfro officials in announcing the expansion and update.
"I want to congratulate Renfro on this expansion and thank them for their additional investment that will bring new opportunities for Tennesseans," Haslam said. "We placed a renewed focus on helping existing Tennessee businesses like Renfro expand in our Jobs4TN economic development strategy, and this announcement helps us in our efforts to make Tennessee the No. 1 location in the Southeast for high quality jobs."
"The Cleveland City Council and I extend a heartfelt thank you to the management of Renfro Manufacturing for their decision to expand production in our community," Cleveland Mayor Tom Rowland said.
Bradley County Mayor D. Gary Davis said companies like Renfro have led his county to see "875 new full time jobs created since Sept. 1, 2010."
Renfro is the licensee for leading brands including Fruit of the Loom, Dr. Scholl's, Ralph Lauren/Lauren Polo, Copper Sole, Wrangler, Sperry, Russell, Jerzees, Spalding, Bike and Carhartt. It also owns leading fashion brands K. Bell and Hot Sox.