Home    Resource Store    Past Issues    Buyers' Guide    Career Center    Subscriptions    Advertising    E-Newsletter    Contact

http://www.expoproduccion.mx/Content/Exhibitors/24/
http://www.thiestextilmaschinen.com
http://ahweb.adsale.com.hk/t.aspx?unt=2354-STX15_TextileWorld
http://www.textileworld.com/partners/Shaffer_and_Max-Dyeing_and_Finishing_Plant_2014
http://www.spgprints.com
http://www.allstatestextile.com
http://ahweb.adsale.com.hk/t.aspx?unt=2396-ZhejiangTex14_TextileWorld
http://www.textileservicesonline.com
July/August 2014 July/August 2014

View Issue  |

Subscribe Now  |

Events

ISS Vegas '14
08/03/2014 - 08/05/2014

Los Angeles Fashion Market - Holiday/Resort '14
08/04/2014 - 08/07/2014

Outdoor Retailer Summer Market
08/06/2014 - 08/09/2014

- more events -

- submit your event -

Printer Friendly
Full Site
Textile News

Avondale Mills Announces Modernization Plan

G. Stephen Felker, chairman, president and CEO of Avondale Mills Inc., Monroe, Ga., has announced a company-wide $115-million modernization plan to be executed over the next 18 months. An additional $30 million in expenditures is being considered for the same time frame.

The projects include expenditures totalling $74 million in Alabama and $41 million in South Carolina to upgrade equipment and provide the newest technology to increase production and enhance quality and cost effectiveness. Improvements at the Bevelle Plant in Alexander City, Ala., will also increase employment by adding 51 new positions.

According to Felker, Avondale’s willingness to invest the expenditures in Alabama are due to the passage of the Alabama Tort Reform Act of 1999 and the cooperation of governmental entities in providing tax incentives, which contribute to the feasibility of planned projects.

July 2000




Advertisement