Home / Knowledge / News / Gildan Activewear to set up yarn-spinning units in US
Gildan Activewear to set up yarn-spinning units in US
04
Dec '12
Canada’s Montreal-based apparel producer Gildan Activewear intends to spend US$ 85 million to set up yarn-spinning facilities in southern parts of the US.
 
The investment would help the company to set up its first production unit in the US, allowing it to benefit from low electricity charges and technological expertise.
 
The new facilities are expected to create hundreds of job opportunities for people who would produce yarn, which would then be transformed into clothes at the company’s low-cost centres in other countries and would then be exported to the US without any duty payment.
 
The company engaging in production of T-shirts, socks and other clothing items intends to employ 200 new workers at a new soft ring spun yarn facility slated to commence operations in 2013.
 
It also plans to add 230 new workers at its Georgia and North Carolina-based facilities, which came under its ownership after Gildan obtained full control of a joint venture in first part of the current year.
 
Gildan is once again beginning its production in the US, several years after winding up its high-cost apparel production in the US and Canada, to relocate to Central America and the Caribbean.

Fibre2fashion News Desk - India

Must ReadView All

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search