Officials say John Matouk & Co. plans a new 50,000-square-foot manufacturing building with construction expected to start in the spring.
A second phase would add another 20,000 square feet of space.
The 70 new jobs, on top of the current 85-person work force, would include positions in manufacturing, administration, office and retail.
Chief executive George Matouk tells The Herald News (http://bit.ly/R4WFf1 ) while the region's textile industry has struggled, the company has survived by making only luxury towels, robes and other items.
The company has been in the family three generations.
Information from: The (Fall River, Mass.) Herald News, http://www.heraldnews.com