Sunday, August 1, 2010

New Textile Mill Up & Running

New Textile Mill Up & Running

Economists Across The Belt Point To Encouraging
Market Signals For 2010

Carroll Smith

In addition to the anticipated increase in cotton acres this year, more good news for the industry was the October 2009 opening of a 128,000-square-foot cotton spinning mill – Lacassine I – in Lacassine, La., which is located in the southwest corner of the state.

The mill is owned by Zagis USA, a partnership founded in 2007 between North Carolina textile executives and Grupo ZAGA, one of Mexico's most successful commercial and industrial conglomerates. The company refines unprocessed raw materials and creates value-added agricultural goods for international consumption. According to the company, Zagis currently produces more than 77 million pounds worldwide of textile fibers annually.

source : cottonfarming


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