A Turkish textile company, HPFabrics, Inc., plans to reopen a closed textile factory in Winston-Salem. Microfibres, Inc., a manufacturer of flocked fabrics employing 125, closed in January 2016. HPFabrics will receive $250,000 in One North Carolina tax incentives plus a match of $125,000 from the Winston-Salem city council. In return, the company’s president, Rafet Tukek, said the company would provide 260 jobs in three years, and 390 in seven, with an average wage of $30,000 plus benefits. The incentive is lower than most for companies promising similar numbers of jobs created, likely because wages fall short of the area median, $33,153. The overall project would invest $4 million in the local economy, with $1.1 million being spent in the first two years. Tukek noted this would be one of the first direct investments a Turkish company had made in large-scale manufacturing in the United States, and he said the facility would go a long way toward strengthening trade between the two countries. If successful, HPFabrics will resume Microfibre’s work in the flocking industry.