US textile company responds to increased demand
03/03/2020
Quantum had budgeted for capital investments in the latter half of 2020; however, the company said, global supply chain disruptions and market voids have generated a surge of interest in specialised domestic production capabilities.
“Over the last 18 months, our R&D team has been working on proprietary, custom equipment designed to give us the flexibility to work in any textile-related industry needing specialized yarns and/or fabrics,” said Jeff Bruner, Quantum founder and vice chairman. “We made the decision to fast-track this project so that we can be a domestic resource due to many of the current global dynamics affecting our industry.”
The North Carolina-based company said the investment will further diversify its business with customised equipment to support R&D and manufacturing for non-traditional and high-performance woven textile solutions.
Its workforce is expected to grow by 10-15 percent, and Quantum said it will invest in additional training for employees.