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Chinese textile plant to consume all cotton farmed in Arkansas state

Related Keywords: Chinese industrial giant, consume Arkansas cotton bales, create jobs, gigantic textile factory, investment to spin yarn at a factory, planning its first North American, Shandong Ruyi, transform the state of Arkansas

Chinese industrial giant Shandong Ruyi is planning its first North American gigantic textile factory in a small town in the southern U.S. state of Arkansas which will not only transform the state but it's expected to create 800 jobs.

Forrest City, located near the Mississippi River, is where Shandong Ruyi plans a $410 million investment to spin yarn at a factory where local workers once built Japanese televisions.

AEDC communications director Jeff Moore said that the Shandong Ruyi plant is projected to begin production in mid-2018.

Shandong Ruyi to buy control of SMCP, Fresh fashion group

Related Keywords: bought sixty five percent of SMCP, buy control of SMCP, French fashion group, latest international foray, owner of Sandro and Claudie Pierlot brand, segment of luxury market, Shandong Ruyi, solid demand among fast growing middle classes, US private equity firm KKR

China’s Shandong Ruyi to buy control of SMCP, the French fashion group and owner of the Sandro and Claudie Pierlot brands at €1.3bn including debt. Sandro, Maje and Claudie Pierlot, which sell dresses priced at around €200, operate in the so-called accessible segment of the luxury market, enjoying solid demand among fast-growing middle classes, particularly in countries such as China.

ICBC approved the investment plan for the Faisalabad Shandong Ruyi Textile Park

Related Keywords: approved investment plan, Chinese largest textile group, Cotton Spinning Mills, Faisalabad Shandong Ruyi Textile Park, FIEDMC, first installment, International Commercial Bank of China, losing competitive edge, Shandong Ruyi

A delegation from the International Commercial Bank of China (ICBC) visited the project site and approved the investment plan for the Faisalabad Shandong Ruyi Textile Park, according to Faisalabad Industrial Estate Development and Management Company (FIEDMC) officials.

Shandong Ruyi, largest textile conglomerates in China in order to start construction work for Pakistan’s largest cotton-spinning mills has made their first installment to the FIEDMC.

Chinese firm Shandong Ruyi withdraws from acquiring Masood Textile Mills in Pakistan

Related Keywords: Chinese textile company, Massod Textile Mills, Shandong Ruyi, Share Purchase Agreement, vertically integrated textile company

A group of investors led by a Chinese company Shandong Ruyi Science and Technology Group, who were to acquire Masood Textile Mills Faisalabad-based, vertically-integrated textile manufacturing company with in-house yarn, knitting, fabric dyeing, processing, laundry and apparel manufacturing facilities has withdrawn the public announcement of its intention to acquire up to 52% shares of Masood Textile Mills.

Blumer & Lumb JV with Shandong Ruyi

Related Keywords: Blumer n Lumb, joint venture, manufacturing unit, Shandong Ruyi, Taylor n Lodge

Bulmer & Lumb Group Ltd a British textile manufacturer has joint ventured with the giant Shandong Ruyi Technology Group Co Ltd based in Shandong province of China for its Taylor & Lodge manufacturing unit at Albert Street.

Bulmer & Lumb with an excellent reputation built on the careful selection and control of raw materials together with continual investment in the latest equipment. In 2005 the group owns the world renowned Taylor and Lodge in Huddersfield. The workers at Taylor & Lodge who are world-renowned for their quality craftsmanship and cutting-edge work.

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