Snyder’s-Lance will add a 100 jobs to its operations in Mecklenberg County, the governor’s office announced Monday.

The company is the second-largest snack maker in the U.S. and includes brands such as Lance, Kettle Brand, Cape Cod, Pop Secret and more. The company was formed by the 2010 merger of Lance Inc. and Snyder’s.

The company will invest $38 million over the next three years at its headquarters in Charlotte and production facility.

“Snyder’s-Lance is a leading name in North Carolina’s food manufacturing industry and a prominent corporate headquarters,” said Gov. Pat McCrory in a statement. “North Carolina’s talented workforce and competitive business climate will support the expansion of this international snack food provider.”

The company reported almost $1.7 billion of net revenue in 2015 and employs over 1,200 people in North Carolina.

Of the 100 new jobs, the company will hire 70 workers for a new production line at its manufacturing plant on South Boulevard and 30 at its headquarters in Ballantyne.

The expansion will add over $4.3 million in annual payroll impact to the local economy.

“Snyder’s-Lance has called North Carolina home for more than 100 years and we are proud to expand our operations here and continue to invest in the future growth of our great company,” said CEO Carl Lee. “North Carolina is a great place to do business and we appreciate the support of our city, county and state partners.”

The project is possible with the help of $100,000 from the One North Carolina Fund, a performance-based grant that provides financial assistance through local governments to attract business to stimulate economic activity and create new jobs. The project required a local government match.

Since 2013, North Carolina’s economy has added over 300,000 new jobs.

The company recently reported its fourth quarter earnings. Its net revenue increased 41.3 percent and its earnings per share diluted and excluding special items increased to 35 cents, up 34.6 percents.

Snyder’s-Lance stock opened Monday at $37.87, up from the previous closing of $37.41.