Premiere to move into performance fabrics
07/10/2009
North Carolina-based yarn producer Premiere Fibers has announced it will invest $2.5 million over the next three years to convert one of its spinning lines to a line for manufacturing high-performance fabrics for military applications.
The company, a producer of nylon, polyester and other melt-spinnable filament yarns, will use a grant from a special employment fund in place for North Carolina.
It said it wanted to expand into performance fabrics because it wanted to keep its workforce in place and create new jobs.