>>
Home / Knowledge / News / Apparel/Garments / NYCEDC announces $51mn package for NYC garment industry
NYCEDC announces $51mn package for NYC garment industry
27
Mar '17
New York City Economic Development Corporation (NYCEDC), in collaboration with the Council of Fashion Designers of America (CFDA) and the Garment District Alliance, has announced a $51.3 million package to help stabilise New York's garment manufacturing industry. It includes investments in technology, business technical assistance and workforce development.

The package includes investments in technology, business technical assistance and workforce development, which will be available to factories across the five boroughs. Relocation and expansion support will be available for companies that are interested in moving from the Garment District.

Specifically, the support package is comprised of four critical types of interventions to support the declining industry – modernisation and investment in technology, enhanced workforce development, industry organization and technical assistance and real estate stability and clustering.

"Since taking office, we have invested in every piece of the fashion industry, from a new academic building at FIT, to marketing assistance, to renovating space in city-owned buildings for manufacturers. I am committed not just to the stability of garment manufacturing, but to its growth. There is a market and a demand for clothes that are Made in New York, and we are taking bold steps to help firms move to the new space we have developed so they can grow and thrive," said Alicia Glen, deputy mayor.

"The Garment District Alliance is pleased to partner with NYCEDC and the CFDA to bring this package of meaningful supports to garment manufacturers. The future of the apparel industry is dependent upon the sustainability of the fashion ecosystem, and we believe this initiative will help to stabilise the apparel manufacturing sector that has been in decline for many years,” said Barbara Blair, president of the Garment District Alliance.

This robust package was developed by the city following substantial outreach to garment manufacturers, designers, suppliers and industry leaders to better understand the challenges that are crippling the industry today. Developed through one-on-one interviews, focus groups and site visits to Sunset Park, the package is a holistic response to the industry's wide-ranging needs and will stabilise and strengthen this critical and historic NYC sector through a decade's worth of investments.

The $51 million support package for the garment manufacturing industry builds upon the city's $15 million investment to create the Made in NY: Fashion initiative, which provides funding for fashion education, production, financing and retail programming.

The CFDA and NYCEDC's Fashion Manufacturing Initiative, which provides funding for new machinery and technology, will build on the success of its first four years and increase grant funding for factories throughout the five boroughs. NYCEDC will procure a third-party operator in the coming months to implement the package of services.

The fashion industry is a significant contributor to the city's economy, employing over 5 per cent of the city's total workforce. Local garment manufacturing is integral to the success of the fashion industry and can be competitive with respect to quality, time and convenience, and local production is equally important to both emerging and established designers. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 20th May 2022

China reiterates call for tariffs cut after US official’s statement

After US treasury secretary Janet Yellen called for tariffs cuts on...

Pic: Shutterstock

Textiles | On 20th May 2022

World economy projected to grow by 3.1% in 2022: UN

The world economy is projected to grow by 3.1 per cent in 2022,...

Pic: Shutterstock

Textiles | On 20th May 2022

Lowering logistics costs key to Vietnam’s export competitiveness

Reducing logistics costs is crucial to raising competitiveness of...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Water stewardship, Stakeholders

Water stewardship
Stakeholders

Water use efficiency remains relatively unexplored

Folker Stachetzki,

Folker Stachetzki

Brother Internationale Industriemaschinen GmbH, the European subsidiary of ...

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Abdullah Mohammad Saad Hossain,

Abdullah Mohammad Saad Hossain

Saad Group is a leading vertically integrated textile group in Bangladesh. ...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Seth Casden, Hologenix

Seth Casden
Hologenix

Hologenix is a material sciences company dedicated to developing products...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Bani Pasricha,  Label - Bani Pasricha

Bani Pasricha
Label - Bani Pasricha

An Indian fashion-designer and a recipient of one of the most prestigious...

Frederick Anderson, Brand - Frederick Anderson

Frederick Anderson
Brand - Frederick Anderson

New York-based designer Frederick Anderson has been in the fashion...

Amar Pawar & Raghavendra Pawar, Brand - Powerlook

Amar Pawar & Raghavendra Pawar
Brand - Powerlook

Powerlook, co-founded by Amar Pawar and Raghavendra Pawar, offers men’s...

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

ESTEEMED CLIENTS

Equinox Impex India
Huntsman (Singapore) Pte Ltd
Guess Europe Sagl,
Gatsby Africa
Reiter India Private Limited
ZAITEX spa
Savio Macchine Tessili S.P.A.
Abit
Permoda(Koaj/Armi/Pronto/Bkul)
Hirdaramani International Export Private Limited
Decathlon
Xtema - Thomas Lebherz Textilmaschinen
SYNERGIES HONG KONG LIMITED
Groz-Beckert East Asia LLP
Restoque S.A.
Tchibo GmbH
Sainsbury's Argos Asia Limited
Asos
Babyshop
Helly Hansen Far East Ltd
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
FESPA (Reigate)
APLF Limited
Inter Expo Center Ltd.
Splash
GIOVANNI BOZZETTO S.p.A.
Brückner Trockentechnik GmbH & Co. KG
Lululemon Athletica Inc
TESTEX AG, Swiss Textile Testing Institute
IKEA of Sweden AB
The LYCRA Company Singapore  Pte. Ltd
Arvind Limited
Tommy Hilfiger
G.A.S. unternehmenskommunikation gmbh
Stahl Holdings B.V.,
DuPont de Nemours, Inc.,
Datatex Consulting Srl
KIABI
G-Star Raw C.V.
SHAHI Exports Pvt Ltd
Jindal Worldwide Limited
International Textile Manufacturers Federation
Marzoli Machines Textile s.r.l.
Copenhagen Fashion Summit
Mayer & Cie. GmbH & Co. KG
Maceton Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
N9 World Technologies Private Limited
Under Armour Global Sourcing Ltd
Colours India Inc
Pt. Peraga Nusantara Jaya Sakti
Rieter India Private Limited
COTTON COUNCIL INTERNATIONAL
Performance Days
Sportswear Company Spa
Truetzschler India Private Limited
Page Industries Limited (Bangalore)
Vianney Textil Hogar S.A. De C.V.
Eurofins BLC Leather Technology Centre Ltd
IDH – The Sustainable Trade Initiative
EUROVET ASIA LTD
Indofil Industries Limited - Specialty & Performance Chemicals Division
Aramark Uniform ;& Career Apparel, LLC
J ;& P Coats
Centric Software
Karl Mayer Textilmaschinenfabrik GmbH
T.T. Limited
Seasalt Limited
IFF Media Ag - International Media Services
Messe Duesseldorf
Walmart
Jiangsu Yingyang Nonwoven Machinery Company Limited
The Top Form Brassiere Manufacturing Company Limited
Color Service s.r.l.
Gokaldas Exports Limited
Chori Company Limited
Bluestem Global Sourcing Limited
China World International Exhibition Company Limited
Loris Bellini S.r.l.
BTSR International S.P.A.
GHCL LIMITED
Mesdan SPA
Sportmaster Ltd.
Zydex Industries
Phong Phu international JSC (PPJ)
Green Fibre
PVH Corporation
Palexpo SA
Itema Weaving (India) Private Limited
Cat Tuong Real Estate Group Joint Stock Company
Recron Polyester from Reliance Industries Limited
Tradewind International Servicing
Lottmann Communications
Brandix Lanka Limited
LC Waikiki
Lenzing Aktiengesellschaft - India
Shima Seiki Mfg. Ltd.
Bluesign Technologies Ag
MAS Active / MAS Kreeda / MAS Bodyline
CGS Inc.
Puma
Alison Hayes Romania
Midas Clothing Limited
Meera Dyestuff Industries
BIANCA
Desigual - ABASIC, S.A.
Recron Polyester from Reliance Industries Limited
OVS Hong Kong Sourcing Ltd.
EPCH
Gap International Sourcing Limited
DyStar India Pvt. Ltd
Aleph Srl
Kornit Digital Asia Pacific Ltd
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
ITMA Services Pte Ltd
Woolmark Services India Pvt. Ltd.
Aquarelle Clothing Limited
Etam Group Strategy Hong Kong Limited
X-Rite Asia Pacific Limited (HK)
Lifestyle
KAS Direct Sourcing
Thai Trade Center
CSGIA(China Screen Printing & Graphic Imaging Association)
H;&M Hennes ;& Mauritz (Far East) Ltd
TÜYAP IHTISAS FUARLARI A.S.
Weitmann & Konrad GmbH & Co. KG
Indo Tex
Chico’ FAS
Nihalani Events Management
Tory Burch Hong Kong Ltd
BTC Textiles LLC
Dow Silicones Corporation
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
JES MEDIA, INC
Coats Digital Limited
IIGM Private Limited
Haelixa AG
Messe Frankfurt Exhibition GmbH
BIMBA ;& LOLA SL
THE BOMBAY DYEING ;& MFG.CO. LTD
USTER
TEXVALLEY MARKET LIMITED
Taiwan Textile Federation (TTF)
Lisa S.P.A.
VNU Exhibitions Asia
Saurer Textile Solutions Pvt. Ltd.
Rosset ;& Cia Limited
BRINKMANN GMBH
Officina Meccanica Dora Enrico Srl
K AND D ITMACH EXPOSITIONS LLP
Landmark Group
Lenzing Aktiengesellschaft
FULGAR SpA
Gloria Jeans
Esprit Europe Services GmbH
H. Stoll AG & Company KG
Groz-Beckert KG
Target Corporation (MN)
Kern – Liebers Textile
Hela Clothing Pvt Ltd
Eastman Chemical Company
Newtech Textile Technology Development (Shanghai) Company Limited
Sateri (Jiujiang) Fiber Co.,Ltd
Lacoste (Wanchai)
The LYCRA Company Singapore  Pte. Ltd
Italian Trade Commission
Applied DNA Sciences Inc
Boardriders Asia Sourcing Limited
Grasim Industries Limited
Tuyap Tum Fuarcilik Yapim A.S.
NV Michel Van de Wiele
Thai Acrylic Fibre Company Limited
Benetton Group
NITI Aayog
Infor (Hong Kong) Limited
Comasia Limited
Rayonese Textile Inc., Division de Culp Inc.
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Lectra Technologies India Pvt Ltd.
Datacolor AG Europe
EMBEE CORPORATION
Calvin Klein
John Varvatos
UBM China (Shanghai)
Thermore (Far East) Ltd.
Istanbul Fuarcilik A.S.
Zünd Systemtechnik AG
Alix Partners
Varner AS Retail
Flainox S.r.l.
C;&A Sourcing International Ltd
International Sourcing Expo Australia
Vardhman Textile Ltd
TESCO INTERNATIONAL SOURCING LIMITED
Amazon China
GERBER TECHNOLOGY LTD.
Shanghai  Aige Exhibition Service Co., Ltd
Nandan Denim Limited

May 2022

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


Advanced Search