USA: Frontier Spinning to expand Sanford yarn plant

NEW YORK:  The Sanford based yarn maker, Frontier Spinning Mills said it will invest $20 million in new equipment and increase the manufacturing space by 70,000 square feet which will create employment for 42 new employees taking the total employees to 450.

The company was established in 1996.

"When our existing businesses expand locally, that makes it clear to everyone that doing business in our community is worthwhile and profitable," said Bob Heuts, director of Lee County Economic Development Corp.
The project is expected to be completed by January, he added.

Frontier CEO George Perkins said "We know the community and we are comfortable doing business here." The company has considered other locations where we already have manufacturing operations, he added.

The decision to expand locally was largely due to the incentives package worth up to $564,564 over five years from the city and county and also the state Commerce Departmentís $40,000 incentive from the One North Carolina Fund, an economic development program.

Frontier makes fabrics used for fleece, hosiery and cottons. Nationally, the company employs 1,700 in nine plants across the Southeast. Frontier has relied on its high-tech facilities and its location to help it stand up against foreign competitors.

Heuts said that Frontier is one of several companies to expand recently in Lee County. "We have got good leadership here," Heuts said. "They continue to be very supportive of what it takes to be a good community."

Other companies who have undergone expansion recently include Challenge Printing, Caterpillar, Wyeth Pharmaceuticals and Coty Cosmetics.


Send your News/Releases for publication to [email protected]
Added: July 22, 2007 Source: Agencies
Start script - 1519198546.2989 Start news id check - 1519198546.299 After news id check - 1519198546.2993 After cookie_code - 1519198546.8759 Before news detail - 1519198546.8759 After news detail - 1519198546.8767 Start cat select - 1519198546.8768 After cat select - 1519198546.877 before preg replace - 1519198546.877 After preg replace - 1519198546.8771 Before tag engine - 1519198546.8771 After tag engine - 1519198546.8806 Before mptt engine - 1519198546.8806 After mptt engine - 1519198546.8806 Before related engine - 1519198546.8806 After related engine - 1519198546.8815 Before update hits - 1519198546.8816 After update hits - 1519198546.8817 After update news_hits - 1519198546.8845 After mem_only_views - 1519198546.8845 -------------------------------------------------- Total Exec time:- 0.58560013771057
AddThis Social Bookmark Button   Tell a friendBookmark AddThis Feed Button
Related News:

Website design by InWiz • © - 2000-2018. Internet Wizards All rights reserved. About usTerms & ConditionsDisclaimerPrivacy policy • 21-02-2018