More than 500 new jobs at Gildan Yarns
Montreal-based Gildan Yarns, a subsidiary of Gildan Activewear, will expand its existing US yarn spinning manufacturing facilities in Bladen and Rowan as well as establishing a new yarn spinning facility in Davie County.
The company will invest more than $250 million to build a yarn spinning facility behind its Salisbury location, which is currently under construction, and another in Mocksville, in addition to expanding and renovating its Clarkton location. In connection with these projects, Gildan expects to create more than 500 new jobs in North Carolina by the end of 2016.
“Our investments in our yarn spinning operations will support our projected sales growth and further reinforce our position as a global low-cost manufacturer. The state-of-the-art product technology to be used in these facilities will continue to differentiate the product quality of Gildan branded products,” stated Gildan Yarns president, Chuck Ward.
“The State of North Carolina provides us with a qualified textile workforce, competitive energy rates and a good transportation network, which are all central to our expansion projects.”
Gildan produces athletic apparel, casual wear and dress socks. It currently has more than 33,000 employees worldwide.
