Home / Knowledge / News / Textiles / Fiber Industries opening production unit in Darlington
Fiber Industries opening production unit in Darlington
10
Aug '17
Fiber Industries is preparing to open a new textile production operation in Darlington County, South Carolina. Expected to be operational in early 2018, this development is projected to bring more than $30 million of capital investment and create at least 135 new jobs. A privately-held company, Fiber Industries was established by MHR Fund Management.

Fiber Industries was established by MHR Fund Management, a New York-based investment firm, in order to restart the Palmetto Plant in Darlington. The management team, Andrew Rosenfeld and Leandro Carboni, has more than 60 years of combined experience in working at senior level positions in the chemical, oil and gas industries, along with strong backgrounds in financial, commercial and plant operations.

The company expects to begin hiring for the new positions in the fourth quarter of 2017. The Coordinating Council for Economic Development has approved job development credits related to this project.

“Fiber Industries is excited about the opportunity to restart the Palmetto Plant and bring jobs to the Darlington area,” said Rosenfeld and Carboni, officers, Fiber Industries. “The management team has been very impressed with the local workforce capabilities observed during its due diligence process. The support of the state and the local community has been an additional plus to help move this project forward.”

“Manufacturing continues to thrive in the Palmetto State; and, as a result, South Carolina’s economy is on top of the world,” said governor Henry McMaster. “We celebrate Fiber Industries and the jobs they are bringing to Darlington County. We are proud that they have decided to do business in our state and look forward to watching them succeed here.”

“South Carolina has a long and storied history with textile manufacturing, and this announcement by Fiber Industries only adds to that tradition,” said secretary of commerce Bobby Hitt. “This is tremendous news for Darlington County, and we look forward to the difference that these new jobs will make.”

“Darlington County is pleased to have Fiber Industries commit to investing capital and creating jobs in our county,” said Bobby Hudson, Darlington County council chairman. We look forward to a long and profitable relationship with our new partners. Darlington County is dedicated to growing our economy and helping our citizens prosper.” (SV)

Fibre2Fashion News Desk – India


Must ReadView All

Top 15 US fashion brands are collectively worth $70 bn

Fashion | On 22nd Jul 2018

Top 15 US fashion brands are collectively worth $70 bn

The top 15 American fashion brands are collectively worth close to...

Courtesy: Covestro

Textiles | On 22nd Jul 2018

Covestro's new products for waterproof textile coating

Covestro, which is among the largest polymer companies, has unveiled...

Evogene, IMAmt to work together in insect resistance

Textiles | On 22nd Jul 2018

Evogene, IMAmt to work together in insect resistance

Evogene, a leading biotechnology company developing novel products...

Interviews View All

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Mala Alwani

<div>Delhi-based fast fashion womenswear brand, Besiva, aims to bridge the ...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Pranav Mishra
Huemn

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

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search