Economic incentives for a growing textile company that has added 15 jobs in the past two years and expects to add at least 15 more jobs in another year were approved Monday night by the Columbus County Commissioners.
Shodja Textiles, doing business as Whiteville Textiles, will receive incentives totaling more than $41,000 over the next five years based on an investment of more than $1.5 million in building renovations.
The Company is in business since 2000, makes high-end fabrics used in the automotive industry, Chief Executive Officer Cameron Shodja told commissioners.
Starting with just two employees, that number is now moved to 50 and would be further heading towards 65, with highly-trained and skilled employees currently working long hours, some 12-hours per day and six days per week.
Shodja said that improvements to a new facility have taken a toll on the company’s cash flow, and that the incentives will help the company.
Loop Industries has raised €10 mn through a convertible preferred security agreement with Reed Societe Generale Group, an entity under…
OJAS has partnered with Maharishi for a capsule collection in military-inspired aesthetics featuring Maharishi’s Original Snopants, sweatshirt, and a tote…
Red Run has announced its foray into menswear with menswear collection, titled ‘Drop 1,’ featuring 10 essential pieces designed for…
INEOS Styrolution, a global leader in styrenics, has successfully completed its first project involving mechanically recycled polystyrene in yoghurt cups.
Sustainable fashion brand Virgio has partnered with Ola Electric to offer eco-friendly doorstep deliveries of its products during the festive…
Kingpins Hong Kong hosted its second annual pop-up event at the DX Design Hub, putting the spotlight on denim innovation…