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

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search