Home / Knowledge / News / Textiles / US Louisiana state to get new $130mn cotton spinning plant
US Louisiana state to get new $130mn cotton spinning plant
09
Dec '13
The US state of Louisiana would be getting a new US$ 130 million cotton spinning plant, courtesy of the Gulf Coast Spinning Company, which plans to build the facility in the Bunkie Industrial Park of the state.
 
According to a statement issued by State of Louisiana Office of the Governor, the announcement of the cotton spinning facility was made by Governor of Louisiana Bobby Jindal and Gulf Coast Spinning Company CEO Dan Feibus recently at the Bunkie Industrial Park.
 
The construction of the cotton spinning plant would begin by mid-2014 and is expected to create more than 307 new direct jobs and 700 indirect jobs in the city of Bunkie.
 
Governor Jindal said during the announcement that the construction of the spinning mills proves what the extensive agricultural resources of Louisiana can produce, when combined with the state’s incomparable workforce and the investment of technology in state-of-the-art facilities.
 
The new cotton spinning facility in Bunkie will bring hundreds of jobs in the city and the Central Louisiana economy, providing great career opportunities for families in the state for many years to come, he added.
 
For the Bunkie project the Gulf Coast Spinning firm will receive the comprehensive workforce solutions of LED FastStart, a No. 1 ranked state workforce development program in the nation—at no cost to the company. Gulf Coast Shipping is also expected to utilize the state’s Quality Jobs and Industrial Tax Exemption programs for the construction purposes.
 
Dan Feibus, CEO of Gulf Coast, said the continued investment in Louisiana represents the firm’s belief that the state has the critical infrastructure, energy, and workforce advantages that will allow it to grow and prosper in the future.
 
Mike Robertson, Mayor of Bunkie, said the announcement of partnership between the city of Bunkie and Gulf Coast Spinning firm is a historic economic developmental milestone for the city and Central Louisiana.
 
The new cotton facility changes the future of the community and Central Louisiana, and the partnership would provide new work opportunities for people in the city, he added.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

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

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marten Alkhagen
Swerea IVF AB

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

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

Robert Brunner
Devereux

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search