Home / Knowledge / News / Textiles / Yarn manufacturer Ramtex to shut operations after 21 years
Yarn manufacturer Ramtex to shut operations after 21 years
20
Feb '09
Ramtex, Inc., the Ramseur, North Carolina based yarn and fabric manufacturer, is planning to shut down its yarn manufacturing unit, exactly 21 years after it began operations in February 1988. Ramseur had taken over a textile unit in the late 80's and invested heavily in technology and equipment.

This decision of Ramtex will mean laying-off around 205 employees of the textile mill. In a message conveyed to its employees, the management ha said that continuing losses and decline of the textile industry had prompted them to take this step.

The 800,000 square foot modern manufacturing facility of Ramtex, houses a variety of yarn manufacturing technologies including Murata air jet spinning, Murata Vortex spinning and 30,000 ring spinning spindles directly linked to automatic winders.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Textiles | On 27th Feb 2017

Textile industry can boost South African economy: Minister

The textile industry is one of the most strategic platforms through...

Courtesy: Invista

Textiles | On 27th Feb 2017

Invista explores alternatives for apparel & textile trade

Invista, one of the world's largest integrated producers of chemical...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Eamonn Tighe
Nature Works LLC

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Igor Chapurin
Chapurin

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

Ritu Kumar
Label Ritu Kumar

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

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
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