Home / Knowledge / News / Textiles / State grant helps Albaad to expand in Reidsville
State grant helps Albaad to expand in Reidsville
16
Apr '10
Gov. Bev Perdue announced that Albaad USA Inc., an international supplier of wet wipes for varied uses, will expand its plant in Rockingham County. The company will invest more than $9 million and create 95 jobs in Reidsville. The announcement was made possible in part by a $350,000 grant from the One North Carolina Fund.

“We continue working hard to create jobs throughout North Carolina,” Gov. Perdue said. “International companies like this one are attracted by our state's skilled workforce, top-rated business policies and unparalleled quality of life.”

Albaad USA is a wholly owned subsidiary of Albaad Corporate, which is headquartered in Israel and operates facilities in Israel, Germany and Reidsville. The company manufactures wet wipes for a variety of uses, including personal, home and automotive care.

The company, which employs about 200 workers in Rockingham County, was recently awarded a contract to produce a new infant wet wipe product. Albaad plans to expand its Reidsville plant, also known as AFG Wipes, to manufacture the new wipes and its standard products. The project's 95 new jobs will pay an average annual wage of $21,820, not including benefits.

“North Carolina was chosen for this project because of a wealth of talented and skilled labor, good shipping lanes to the East and Midwestern parts of the U.S., accessibility to ports to bring in raw materials and a well-established new aero transportation hub at Piedmont Triad International Airport,” company CEO Dan Mesika said.

The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants also require and are contingent upon local matches.

“I was proud to work with Albaad USA as they decided to come to Reidsville. Our investments have paid off with the expansion and new jobs announced today,” said Rep. Nelson Cole.

North Carolina continues to have a top-ranked business climate. Through Gov. Perdue's JobsNOW initiative, the state will work aggressively to create jobs, train and retrain our workforce, and lay the foundation for a strong and sustainable economic future.

Through use of the One NC Fund, more than 40,000 jobs and $7 billion in investment have been created since 2001. Other project partners include: the N.C. Department of Commerce, Rockingham County, City of Reidsville, The Rockingham County Partnership for Economic & Tourism Development and the Employment Security Commission of North Carolina.

State of North Carolina, Office of the Governor


Must ReadView All

Building of Ethiopian textile unit by Chinese firm starts

Textiles | On 22nd Jan 2018

Building of Ethiopian textile unit by Chinese firm starts

Chinese firm Wuxi No. 1 Cotton Mill will build a textile plant in...

JD.com to invest $3.1 bn to revive industry in NE China

Apparel/Garments | On 22nd Jan 2018

JD.com to invest $3.1 bn to revive industry in NE China

To back the government’s campaign to revitalize the traditional...

SIMA makes pre-budget recommendations to Indian govt

Textiles | On 22nd Jan 2018

SIMA makes pre-budget recommendations to Indian govt

Exemption of 5 per cent goods and services tax (GST) on raw cotton,...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Smita Murarka
Amanté

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

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Urmil Arya

Sushila International, a well established textile organisation established ...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Urs Stalder
Sanitized AG

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Suresh Patel
Sidwin Fabric

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

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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

January 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

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

Yes No

Active Poll

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

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

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

Yes No

Active Poll

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

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

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

Active Poll

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

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


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