Related Keywords: Arkansas Delta, Chinese textile producer, convert former television factory, entire cotton harvest, export yarn worldwide, into spinning yarn mill, plan to invest, scaled to use two lakh tons of cotton each year, Shandong Ruyi Technology Group, yarn mill big enough to consume
Chinese textile producer Shandong Ruyi Technology Group is planning to invest $410 million to convert a former television factory into an 800-employee spinning yarn mill scaled to use 200,000 tons of cotton each year. A yarn mill big enough to consume the Arkansas Delta’s entire cotton harvest will open in Forrest City and export yarn worldwide through Memphis and Western ports.