General Shoelace is planning a two-phased expansion, the first of which will begin in October. When both phases are completed, the 72,000-sf addition will create about 70 new jobs for Lincoln County. The company now employs about 190 workers.
Phase I will cost about $1 million and consist of 4,000 sf of office space and 20,000 sf of manufacturing space, according to company president and owner Michael Raus. Phase II, consisting of a 48,000-sf manufacturing facility, will occur throughout next year, adding about 50-60 new jobs.
The company makes retail shoelaces, accessories for swimwear and sweat suits, and webbing used in industry. General Shoelace merged last year with Providence, RI-based Wm. Jette Co., a similar company.
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