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MSYG wins innovation award from NCMEP

16
Nov '18
MSYG wins innovation award from NCMEP
Meridian Specialty Yarn Group (MSYG) has won a top award from the North Carolina Manufacturing Extension Partnership (NCMEP) for its commitment to building a world-class, state-of-the-art, textile plant in North Carolina at a time when other regional textile plants were closing or moving overseas. MSYG is a leading specialty yarn manufacturer.

MSYG has been honoured with NCMEP’s leadership award for innovation. The awards ceremony was held in conjunction with the North Carolina Manufacturing Conference, which took place on November 13 and 14, 2018, at the Durham convention centre. Attending the ceremony to accept the award for MSYG were Tim Manson, the company’s president, Stephen Hudson, senior vice president of sales, and Debbie Sigmon, human resources director, according to MSYG.

This is the fourth year in a row that NCMEP has recognised North Carolina companies for manufacturing excellence and exceptional performance across five categories that include developing markets, continuous improvement, innovation, advanced talent management, and sustainable manufacturing.

MSYG, like the rest of the textile market during 2001-2010, felt the impact of job and market losses, but survived by doing things that no one else would do. They could have closed their doors, but chose to invest in their people and the community. Currently, they have 270,000 square feet at their plant in Valdese and are in the midst of a major, multi-million-dollar expansion of another 116,000 square feet, along with an extensive modernisation of their existing plant. This will require the addition of at least 25 employees, but it will make the facility one of the most modern yarn and fibre dyeing facilities in the world. Meridian’s new plant is expected to open this winter and the leadership award for innovation reflects a tremendous amount of effort on the part of the employees and management, as well as the company’s owner, Meridian Industries. (GK)

Fibre2Fashion News Desk – India


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