Home / Knowledge / News / Textiles / Brazilian Providencia to build its first US manufacturing facility
Brazilian Providencia to build its first US manufacturing facility
26
Sep '08
Gov. Mike Easley announced that Providencia USA Inc., a subsidiary of Latin America's largest maker of nonwoven plastic materials, plans to build its first U.S. manufacturing plant in Statesville, investing $115 million and creating 90 jobs during the next three years. The expansion was made possible in part by a $56,000 grant from the One North Carolina Fund.

“North Carolina's manufacturing economy provides attractive investment opportunities for new and expanding industries from across the country and around the world,” said Easley. “Our focus on education and providing a dedicated and hard working labor force is paying off in sustainable jobs and a high quality of life for working families.”

The company plans to construct its first U.S. manufacturing facility in Statesville, where polypropylene pellets will be melted and formed into thin, lightweight nonwoven sheeting. Salaries for the 90 new positions will vary by job type, but the average annual wage will be $41,835 not including benefits which is more than the Iredell County average annual wage of $34,580.

Providencia USA is a wholly owned subsidiary of Companhia Providencia Industria e Comercio in Brazil, a worldwide supplier of polypropylene spun-bonded nonwoven fabrics. The company's products are used in a wide variety of technical applications including; personal hygiene, health and medical, agricultural, automotive and filtration. Providencia operates two manufacturing plants, both in Brazil, and employs 1,000 people.

"Providencia's decision to establish itself in North Carolina was based on the state's excellent quality of life, skilled workforce, pro-business environment and its location central to our target markets," said company Chief Executive Officer Herminio V.S. de Freitas.

The One North Carolina Fund provides financial assistance through local governments to attract business projects that will stimulate economic activity and create new jobs in the state. Through the use of the One North Carolina Fund, more than 30,000 jobs and $6 billion in investment have been created since 2001. All of these grants require local matches.

Other partners that helped with this project include: the N.C. Department of Commerce, the N.C. Community College System, Iredell County, the city of Statesville, the Greater Statesville Development Corp, Norfolk Southern Railroad and Alexander Railroad.

N.C. Department of Commerce


Must ReadView All

'Knitting machines can be used for various applications'

Textiles | On 21st Aug 2018

'Knitting machines can be used for various applications'

Flat knitting machines have the potential of being used for a number...

Bangladesh imported 46% of cotton requirement from India

Textiles | On 21st Aug 2018

Bangladesh imported 46% of cotton requirement from India

Bangladesh imported 46 per cent of its requirement of cotton from...

Indian team finds way to cut water use in textile industry

Textiles | On 21st Aug 2018

Indian team finds way to cut water use in textile industry

Researchers at the department of chemistry in Calicut University in...

Interviews View All

Top executives
Textile industry

GST has levelled the playing field to an extent

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Justin Chan & Shyam Gollakota
University of Washington

A fabric that can store data without any electronics or batteries has been ...

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Alfonso Marra
Klopman

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Sidharth Sinha
Sidharth Sinha

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

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

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


August 2018

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

news category


Related Categories:

Advanced Search