Home / Knowledge / News / Textiles / US Louisiana state to get new $130mn cotton spinning plant
US Louisiana state to get new $130mn cotton spinning plant
Dec '13
The US state of Louisiana would be getting a new US$ 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 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

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 ...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Silvia Venturini Fendi
Fendi s.r.l

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

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


Browse Our Archives


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