Tenowo Lincolnton Inc. — a Lincolnton, N.C.-based manufacturer of functional and decorative nonwovens for automotive, industrial and apparel applications — will invest $7.2 million over the next three years to expand its operations, and increase its workforce from 67 currently to 93.
Established in 1992 under the name HOF Textiles, Tenowo Lincolnton is a wholly owned subsidiary of Germany-based Tenowo GmbH, a division of Hoftex Group AG. The company plans to add fiber supply and power coating lines to meet increased demand for its products.
"Tenowo is excited and eager to move forward with expansion plans for our Lincoln County facility," said Lothar Hackler, Ph.D., president, Tenowo Lincolnton. "The expansion will allow Tenowo to double the capacity for high engineered nonwoven products for the North American automotive industry. The support from Lincoln County and the State of North Carolina were critical to the company's final decision to expand the Lincolnton plant. This has been a very successful location for our company and we look forward to an even brighter future for our employees and our company."
The company has received a $50,000 grant from the One North Carolina Fund to assist it with the expansion.
