Posted 11, 2015
RALEIGH, N.C. – Kenya-based AR Textiles Ltd. plans to locate a new yarn-spinning facility in Robersonville, N.C., and create 38 new jobs over the next three years, N.C. Gov. Pat McCrory, N.C. Commerce Secretary John E. Skvarla III and the Economic Development Partnership of N.C. announced.
The company plans to invest $12 million in the operation over the same period.
AR Textiles is part of Sunflag, a global group of companies with international operations ranging from yarns, fabrics, garment and household textiles utilizing the latest technology and machinery. The Sunflag group has diversified from its textile foundation into steel, power generation, healthcare, property and related services. The company will be producing cotton yarn at its Robersonville facility.
“AR Textiles considered a number of alternative locations in the U.S. and internationally,” said Rao Palaparty, vice president of AR Textiles. “However, we were persuaded by the Martin County Economic Development Corporation and its county officials to locate the manufacturing facility in Martin County.”
The project was made possible in part by a performance-based grant from the One North Carolina Fund of up to $114,400. The One NC Fund provides financial assistance through local governments to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. These grants also require and are contingent upon local matches.
“North Carolina’s experience and leadership in the textile industry will serve AR Textiles very well,” said Gov. McCrory. “Leading manufacturers recognize that our state brings together all the right elements so they can achieve more.”
Salaries will vary by job but will include operators, supervisors and quality control. The average annual payroll of the new jobs will be $1 million.
“AR Textiles will be a great addition to one of North Carolina’s traditional manufacturing industries,” Skvarla said. “The company will not only buy N.C. cotton, but also make N.C. yarn. I expect to see this company grow its North Carolina operations with such a significant investment.”
Source: N.C. Dept. of Commerce
AR Textiles to open yarn-spinning plan in N.C.