Home / Knowledge / News / Textiles / Brazilian Providencia opens nonwovens facility in Statesville
Brazilian Providencia opens nonwovens facility in Statesville
31
Jan '11
Gov. Bev Perdue announced that Providencia USA Inc, a global manufacturer of nonwoven fabrics, will expand in Iredell County. The company plans to create 28 jobs and invest $60 million during the next three years in Statesville. The project was made possible in part by a $42,000 grant from the One North Carolina Fund.

“Providencia is an example of how our textiles industry is transforming, and the company's leaders know that North Carolina will provide a highly-skilled workforce and top-rated business climate that will fuel Providencia's innovation and growth,” said Gov. Perdue. “Companies from all over the world are making the same decision, and these investments will help counties like Iredell for years to come.”

Providencia USA, Inc. is a subsidiary of Brazilian-based Companhia Providencia Industria e Comercio, the premier source for spunmelt nonwoven fabric in South and Latin America with just over 50% of market share. Spunmelt fabrics are used in a number of disposable products such as diapers, feminine pads and surgical gowns. Providencia will install a second state-of-the-art spunmelt machine at its Statesville facility, doubling the company's North American capacity. The company currently employs 53 in Iredell County.

Salaries will vary by job function, but the average annual wage for the new jobs will be $33,500 not including benefits.

“We are optimistic about the business outlook for 2011 and expect to be running at full production and sales capacity, besides concentrating on our new investment projects in the Kami 12 and Kami 13 production lines - in Brazil and in Statesville respectively -, which are expected to go into production next year”, says Hermínio de Freitas, CEO of Companhia Providência.

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.

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

Through use of the One NC Fund, more than 50,000 jobs and $9 billion in investment have been created since 2001. Other partners that helped with this project include: the N.C. Department of Commerce, N.C. Community Colleges, Iredell County and the City of Statesville.

NC Department of Commerce


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Ebay

Apparel/Garments | On 19th Jun 2018

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search