(RALEIGH) -- CertainTeed Corp. plans an expansion at its North Wilkesboro fiber cement siding plant. The building materials manufacturer will invest invest $2.7 million in the facility by the end of 2013 and create 29 new jobs. CertainTeed will purchase and install equipment for a new paint line.

Gov. Bev Perdue made the announcement on Wednesday and confirmed that the company is eligible for a $98,000 state grant. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants also require and are contingent upon local matches.

”The expansion of the North Wilkesboro plant further demonstrates CertainTeed’s commitment to the State of North Carolina,” said John Crowe, President and CEO of CertainTeed. “With the world’s largest roofing plant in Oxford, siding plants in North Wilkesboro and Claremont and a wallboard facility under construction in Roxboro, the State of North Carolina has and continues to be an excellent partner."