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Shandong Ruyi to invest $410 mn at its facility in Forrest City

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.

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