Home / Knowledge / News / Textiles / Zagis reverses trend by setting up textile mill in Louisiana
Zagis reverses trend by setting up textile mill in Louisiana
23
Jan '10
Of the two major textile mills planned to be set up in southwest Louisiana for production of cotton yarn, construction work of the first one has been completed whereas the second mill is due for completion. This has been ranked amongst the major investments in cotton processing, that Louisiana has witnessed since decades.

The two mills combined have been set up at an investment of US $75 million by Zagis USA, which was found by North Carolina textile executives and Grupo Zaga, one of Mexico's most successful industrial groups.

Setting up the mills in southwest Louisiana, guarantees Zagis USA, minimum cost of production of yarn not only locally but also at a global scale, due to better availability of raw material, vicinity of ports accompanied by strategic freight lanes, low interest rates, state incentives and consistent power supply available at viable rates.

Traditionally, Louisiana used to export a major portion of its raw cotton in unprocessed form, but with the setting up of this project, Zagis mills will utilize almost 15 to 20 percent of this raw cotton for spinning cotton yarn in Louisiana itself.

Fibre2fashion News Desk - India


Must ReadView All

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

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

Suresh Patel
Sidwin Fabric

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X