Related Keywords: acquire former Valdese Textiles building, company to deposit money in trust account, for expansion of its business, keep local industry in town, Meridian Specialty Yarn group, plans to purchase the building, Valdese Town Council, voted to enter into agreement
The Valdese Town Council after a closed session voted to enter into an agreement to acquire the former Valdese Textiles building which is located at 1901 Main St., East across from College Plaza to try to keep a local industry in town. Meridian Specialty Yarn Group plans to then purchase the building from the town for a possible expansion of its business.
