Knit-Rite Inc., a Kansas City, Kan.-based manufacturer of specialized socks and hosiery for medical and consumer markets, will invest more than $1.1 million to update and expand its Ellerbe, N.C., production plant, creating 24 jobs in the process.

The facility knits, dyes and finishes compression hosiery, socks and other specialty textiles marketed under the Therafirm® brand.

Knit-Rite was established in 1923 and offers its products through a large network of vendors nationwide. The company acquired Therafirm Inc., along with TheraFoot Technologies Inc., in 2000.

January/February 2010