Related Keywords: 000 tonnes, Arkansas, Chinese textile giant, cotton yarn, f Arkansas cotton annually into yarn, headquartered in Shandong Province, in Forrest City, invest $410 million, plans to open its first North American factory, Ruyi, Shandong Ruyi Technology Group, spin more than 200
The Shandong Ruyi Technology Group (Ruyi), Chinese textile giant headquartered in Shandong Province, China, plans to open its first North American factory for cotton yarn in Forrest City, Arkansas.
Ruyi will invest $410 million to renovate a former Sanyo manufacturing centre in the city to spin more than 200,000 tonnes of Arkansas cotton annually into yarn. The textile giant is scheduled to open in mid-2018. The new unit will create 800 jobs.
