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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.

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.

Related Keywords: Arkansas cotton will be spun into yarn, Arkansas fifth largest cotton producer, first cotton spinning facility in North America, Largest chinese cotton textile manufacturer, make investment, manufacturing facility in Forrest City, renovate the former Sanyo facility, Sanyo plant vacant since shut down, Shandong Ruyi Technology Group, textile use

China’s largest cotton textile manufacturer, Shandong Ruyi Technology Group, to make investment to the tune of $410 million in a manufacturing facility in Forrest City. Ruyi has agreed to renovate the former Sanyo facility in Forrest City for its plant, where Arkansas cotton will be spun into yarn for textile use. The Sanyo plant has been vacant since it shut down in 2007. The plant will be Ruyi’s first cotton-spinning facility in North America.

Related Keywords: FIEDMC, Shandong Ruyi Technology Group, Spinning mill, Textile Park, textile unit

China and Pakistan are showing interests in increasing their bilateral communications through business venture this time. It is the Shandong Ruyi Technology Group of China which has initiated by procuring 1,036 acres of land in an industrial zone is Pakistan.

Related Keywords: cotton spinning facility in Pakistan, Faisalabad Industrial Estate Development and Management Company, FIEDMC, Largest textile mill in Pakistan, Shandong Ruyi Technology Group, textile industry in Pakistan

China’s fifth largest textile company, Shandong Ruyi Technology Group is investing US$2 bn to set up the largest cotton spinning facility in Pakistan. It has already bought 1,036 acres of land out of the total area of 4,500 acres in an industrial zone operated by the Faisalabad Industrial Estate Development and Management Company (FIEDMC),