Richelieu Legwear of Canada expanding in North Carolina with a $16 million investment expected to create over 200 jobs. The Richelieu Group purchased International Legwear Group in Burke County in 2011 and saved them from bankruptcy. The turnaround in the company’s fortunes has been remarkable and this new investment is a major statement of future intent. Richelieu Legwear is a major supplier of socks to Wal Mart and we wonder if the Wal Mart “Buy America” initiative has been a driver of this investment.
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