Home / Knowledge / News / Textiles / Shaw intends to reopen Gordon county carpet facility
Shaw intends to reopen Gordon county carpet facility
06
Apr '10
Last spring brought an apprehension with it for the Gordon County officials as the Shaw Industries plant, pulled down its shutters, rendering over 390 people jobless. The County based in the south of Dalton had already been badly affected by downturn of the floor covering industry.

But now, as the company as a part of its “Project Renew” intends to reopen the plant and it is believed that over 75 percent of the jobs would be restored.

It is supposed that the Gordon County Board of Commissioners, City of Calhoun and the Development Authority of Gordon County would shortly deliberate with Shaw Industries on a stimulus agreement.

In order to refurbish the old yarn plant, the company, which is a leading broadloom carpet manufacturer the world over, is to incur an expenditure of $32 million. The amount will be spent mainly for acquiring new equipments.

As the plant restarts, initially it is expected to generate over 175 jobs and if this turns out to be a success, there are possibilities that another 125 jobs will be added.

Real and personal property tax abatements have been approved for Shaw Industries, for next five years, which the industry will have to repay at the end of the period.

Mohawk Industries, which is world's leading floor covering company, is also based in the Gordon County. This industry too has been hit hard by the national economic slump. According to Long, if such incentives are offered then it would help to revive the economy of the county.

Fibre2fashion News Desk

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Johan Berlin
InvestKonsult Sweden AB

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Igor Chapurin
Chapurin

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

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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



X