Latin America’s largest maker of nonwoven plastic materials will build its first U.S. manufacturing facility in Statesville, N.C., investing $115 million and creating 90 jobs during the next three years. Providencia USA Inc. and its Brazilian parent company received encouragement to expand operations into the U.S. in the form of a $56,000 grant from the One North Carolina Fund, which provides assistance to local governments to attract business projects. Providencia CEO Herminio V.S. de Freitas chose North Carolina “based on the state’s excellent quality of life, skilled workforce, pro-business environment and its location central to our target markets.”
Brazilian manufacturer building first U.S. plant
Industry News | January 1, 2009 | By: ATA
You might also like...
Conductive textile market to hit $ 8.2 billion by 2033
Accelerating Circularity launches textile recycling directory
Dr. Michael Gore receives 2022 Cotton Genetics Research Award
EU textiles industry highly concerned about potential loss of competitiveness