(RALEIGH) -- Specialty Textiles, Inc will increase production capacity for residential upholstery fabrics at a facility in Kings Mountain. The company expects to create 62 full time jobs and invest $4.9 million over the next three years.

Gov. Bev Perdue confirmed that the STI is eligible for a $56,000 grant from the One North Carolina Fund. “The story of North Carolina’s business success lies in our ability to adapt and grow with changing markets,” said Perdue. “With the support of the One North Carolina fund, STI will stay on the cutting edge of the textile industry.”

STI will add to their current workforce of 170 in Kings Mountain. Salaries for the additional 62 positions will vary by job function with an average annual payroll of $1.4 million.

“STI is a big proponent of manufacturing in the United States. With support from the State of North Carolina, Cleveland County and the City of Kings Mountain, STI plans to grow our manufacturing footprint in North Carolina,” said John Kay, President of STI.