Kayser-Roth closes Tennessee hosiery plant
Hosiery/Seamless
Kayser-Roth starts work on expansion of Burlington plant
The expanded Kayser's plant is expected to add 100 new jobs across the company's existing facilities in Burlington and Asheboro.
20th November 2014
Knitting Industry
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Greensboro, NC
North Carolina’s Triad Business Journal reports that construction is underway on an US 18 million expansion of Greensboro based sock and hosiery manufacturer Kayser-Roth Corporation's Burlington plant. The project will add 85,000 square feet and provide more space for the company's dye house, the report said.
The addition to Kayser's approximately 330,000-square-foot plant is part of a US 28 million project announced last year that is expected to add a total of 100 new jobs across the company's existing facilities in both Burlington and Asheboro.
According to the report, the new jobs will support production of Kayser's signature No nonsense legwear brand through an initiative with a multinational retail corporation Wal-Mart Stores, in attempt to promote local growth and expand the Made in America programme.
Golden Lady Dye House Addition
Kayser's expansion is referred to as the Golden Lady Dye House Addition, according to Burlington officials, as Kayser Roth is owned by the Golden Lady Group in Mantova, Italy.
J.J. Patterson, Director of Project Development for Greensboro-based Samet Corp, told the Triad Business Journal that his company has begun construction on the project to expand the Burlington facility.
Construction phases
Patterson said the first phase of the expansion should take about two months to complete and involves relocating parking spots to another side of the Burlington facility to make way for the dye house addition, as well as expanding a retention pond.
The next step is to begin construction on the 85,000-square-foot addition by the first part of next year, Patterson said. The entire project should take about nine months to complete, or by summer 2015, he added.
Incentives
The addition to the Burlington facility will add to Kayser-Roth's US 10 million expansion of a 145,000-square-foot plant located at 515 W. Balfour Ave. in Asheboro that will add 50 jobs. Trevor L. Nuttall, community development director for the city of Asheboro, said that expansion could be completed by the end of the month.
Kayser-Roth is expanding after being awarded incentives. Alamance County signed off on providing US 360,000 to be paid over five years for the Burlington expansion and the city kicked in an additional US 360,000 for the deal. Kayser-Roth also was awarded a total of US 150,000 worth of incentives by Randolph County commissioners and the Asheboro City Council.
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