SOURCE: Industrial Info Resources

Industrial Info Resources

July 11, 2014 06:30 ET

U.S. Textile Industry Proves More Competitive as Georgia, North Carolina Lead With $999 Million in Capital Spending, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jul 11, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Many U.S.-based textile companies have returned home after years of pursuing cheap overseas labor. According to the National Council of Textile Organizations (NCTO), about 650 textile plants closed in the U.S. between 1997 and 2009, costing hundreds of thousands of American jobs. But several trends are bringing back capital spending. Industrial Info is tracking 65 textile-related projects in the U.S. with a total investment value of more than $1.39 billion, including 32 projects worth $999 million in Georgia and North Carolina alone.

Within this article: Details on major projects from Zagis USA LLC (Lacassine, Louisiana), Gildan Activewear Incorporated (Montreal, Quebec) and ShriVallabh Pittie Group (Mumbai, India), including investment values, contractors, locations and schedules.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "Contact Us" page.

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