investment+manufacturing | YnFx - Part 42

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2017-05-17 12:00:00

Shandong Ruyi to invest $410 mn to convert old TV plant into yarn mill

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

2017-05-17 10:00:00

Ethiopia shows potential to become African textile, apparel hub

The government of Ethiopia to make its manufacturing sector globally competition has been keen on diversifying exports with priorities focused on strategic sectors like textile and garment

2017-05-16 11:00:00

WL Ross in talks with Shandong Ruyi to sell entire stake in OCM India

WL Ross and Co. Llc, global distressed assets and special situations investor are currently in talks with Chiinaâ€™s Shandong Ruyi group to sell its entire stake in textile maker OCM India Pvt.

2017-05-11 11:00:00

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

Chinaâ€™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

2017-05-09 14:00:00

Invista plans to expand its specialty fiber capacity

INVISTA plans to expand its capacity of Nylon 6,6 fiber used in a diverse range of applications for which it would be investing over $65MM in state-of-the-art fiber production equipment at its US

2017-05-09 10:00:00

Ethiopian textile industry delegates visit GPN to know about cotton growing

Delegates from the Ethiopian government and textile industry as part of their study tour in India visited Government PolytechnicNagpur (GPN) last week, to know about cotton growing methods and

2017-05-04 15:00:00

Indonesian domestic textile market dominated by import products

Indonesian domestic textile products have continued to lose their foothold in competition on the domestic market over the past five years as imported products control 70 percent of the

2017-05-03 16:00:00

Tavemex installs Monforts Eco Denim Line to reduce 80pc water usage

Mexico based denim producer Tavemex, makes investment in the Eco Denim Line to satisfy their customers who have been requesting them, more and more to use less water in dyeing and finishing, said

2017-05-02 16:00:00

Mohawk acquires former Beaulieu fiber facility in Bridgeport

Mohawk Industries has acquired the former Beaulieu fiber facility in Bridgeport, Alabama to support the growing demand for its carpet and rug collections, said Brian Carson, president of Mohawk

2017-05-02 13:00:00

Frontier spinning mills to invest $6 mn at its facility in Elmore County

Frontier Spinning Mills, the second largest yarn spinner in the Western Hemisphere as part of its expansion project is planning to invest $6 million to add new, state-of-the-art fiber preparation and

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