Related Keywords: International Textile Group, mexican manufacturing plant, Parkdale, Summit Yarns, US operations
Gastonia-headquartered Parkdale, which employs 300 workers in Gaston County, confirmed acquisition of Summit Yarns’ Mexican manufacturing plant. This should only strengthen its local and U.S. operations, according to company President Dan Nation.
Financial terms of the purchase, which closed Aug. 28, and the cost of projected plant upgrades, were not disclosed, but Nation called them “substantial.”
