Home / Knowledge / News / News Detail
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

Textiles | On 30th May 2016

Uttarakhand to launch new textile parks

The Uttarakhand government is setting up three textile parks in the...

Apparel/Garments | On 30th May 2016

Youngone Corp to invest in Ethiopia’s textile sector

Youngone Corporation, a South Korea based textile and footwear...

Courtesy: Lakshmi Machine Works

Textiles | On 30th May 2016

LMW’s net sales up 5.41% in Q4 ended March 31

Lakshmi Machine Works (LMW) posted a rise of 5.41 per cent in net...

Interviews View All

Neel Sawhney
One Friday

What is the overall size and growth of the market for kidswear in India?...

Dharmendra Shah
Ozone PB Spintex Limited

How has the Indian spinning industry fared in the last two years? What...

Jurgen Gauger
Spreadshirt

How is the market for personalised prints on garment shaping up? What are...

Kai Poehler
Voith Paper GmbH & Co. KG

<b><i>The glass mat industry is growing by five to eight per cent...

Ashok Desai
Bombay Textile Research Association

<b><i>Bombay Textile Research Association (BTRA) is a leading name in...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

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

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
May 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search