NCEDA Annual Conference Textile Panel June 11, 2015 Mitch Hensley National Spinning Technical Products Business Manager.

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Presentation transcript:

NCEDA Annual Conference Textile Panel June 11, 2015 Mitch Hensley National Spinning Technical Products Business Manager

Who is National Spinning Company? Started in 1921 Privately Held ESOP Company $100 Million Annual Sales 700+ Employees Yarn Sales, Nonwoven, Craft Division

National Spinning Facilities in NC LocationType of Product Employment Burlington (Alamance)Yarn Package Dyeing98 Beulaville (Duplin)Yarn Spinning230 Lincolnton (Lincoln)Non-Woven40 Washington (Beaufort)Crafts/Admin/Distribution67 Whiteville (Columbus)Yarn Spinning281 Total -716

Don’t underestimate the value of retention Local manufacturing business development leaders need to help existing business with: ▫Infrastructure maintenance and upgrades ▫Labor recruitment ▫Labor development ▫Local power rates; power savings opportunities ▫Incentives to encourage existing business to grow Thank you to Gary Lanier and Columbus County Economic Development Commission ▫Workforce development training programs have saved nearly $100,000 in training costs in at our Whiteville plant! JDIG and NC Commerce has helped with new plant installation for our Carolina Nonwoven operation in Maiden, NC. There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else. –Sam Walton

Textile Manufacturing Resurgence in NC! Why? Reshoring? Made in USA? Raw material competitiveness ▫Cotton ▫Polyester Inexpensive, reliable energy Existing locations Workforce has some knowledge of textiles Transportation

Recent Growth in U.S. Textile Manufacturing Traditional TextilesNonwovens/Technical Textiles Company Company Nationality Investment Location(s) Investment Amount Estimated Job Creation Fiber JN Fibers Inc.ChinaChester County,SC$45 million318 jobs Yarn spinning GildanCanada Salisbury, NC Mocksville, NC Clarkton, NC$250 million500 – 700 ParkdaleUSARaburn Gap, GA$85 million210 Shrivallabh Pittie GroupIndiaScreven County, GA$70 million250 Gulf Coast/Zagis USAMexicoBunkie, LA$130 million300 KeerChina Lancaster County, SC$218 million500 Nonwovens Owens CorningUSAGastonia, NC$120 million110 Fitesa Simpsonville Inc.USASimpsonville, NC$50 million32 Custom Nonwoven, Inc.KoreaThomasville, NC$12.8 million72 Jacob Holm Industries SwitzerlandCandler, NC (likely to exceed) $60 million None Stated Composites & Technical Fabrics Toray Industries, Inc.JapanMoore, SC(close to) $1 billion500 Highland Industries, Inc.USACheraw, SC$4.1 million24 Louis Hornick and Co., Inc.USAAllendale, SC$2.5 million125 $2 Billion Investment; 3,000-3,500 Jobs!

Questions? Mitch Hensley National Spinning Co., Inc