India Spinning Company Plans To Build A Factory In The United States

< p style= "text-align: center" > img align= "center" border= "0" alt= "src=" /uploadimages/201301/05/20130105033734_sj.JPG "/" < < >.

< p > < < a href= > http://www.91se91.com/news/index_p.asp > > India > /a > fibre2fashion report, < a href= "http://www.91se91.com/news/index_c.asp" > India spinning "/a" and yarn manufacturing company Sarla Performance Fiber Co., Ltd. plans to invest 13 million 800 thousand US dollars in the United States to build polyester partial orientation silk (http://www.91se91.com/news/index_c.asp) factory, as well as deformation and twisting facilities.

< /p >

Sunil Jhunjhunwala, vice president of P > Sarla Performance Fiber Co., Ltd. announced: "we expect to invest about $13 million 800 thousand in polyester POY plant in Walter, South Carolina, and there are also facilities for deformation and twisting.

< /p >

< p > he added that this is the first investment of their company.

< /p >

< p > he said that another reason for the establishment of factories in the United States is that the provisions of the Central American Republic of Dominica free trade agreement (CAFTA) and < a href= "http://www.91se91.com/news/index_q.asp" > North American Free Trade Agreement < /a > (NAFTA) have changed.

< /p >

"P," he added, "we have identified the site and will start production in the second half of 2013."

< /p >

P, the Mumbai based company produces and exports polyester and nylon textured, twisted and colored yarns, covered yarn, high strength yarn and sewing thread.

< /p >