Asian textile industry in order to save costs of choice in USA plant
As their wages, energy and other costs are rising, more and more Asian textile enterprises for cost saving plant in southeastern America, Chinese business Cole group is one of them. Cole group has agreed to invest $218000000 in building a factory in Lancaster County, not far from the North Carolina Sherlock. Cole said that the new plant electricity costs half cheaper than China, and will get the support of local government. The Cole group is expected to create at least 500 local jobs.
There is also a good. Along with the rising cost of China, Cole group can be sold to the Central American yarn manufacturers, their garments in the American sales can be exempted from tariff. In 2013 October, Mumbai based ShriVallabhPittie Group announced that it will build a spinning factory in Georgia Sylvania investment of $70000000, it will create 250 jobs for local residents. In 2013 April, in a Mum. In 2013 April, in a Mumbai textile factory Alok Industries says, will be building a spinning factory in the southern United states.
In 2013 September, China Company JN Fibers Inc. agreed to pay $45000000 to build factories in South Carolina, the waste plastic bottles into polyester fiber, used for filling pillows and furniture. The investment is expected to bring 318 jobs to the local. The South Carolina and Saji Ayushu is responsible for the development of affairs officials said the number of this year and they approached the Asian textile enterprises increased
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