Everest Textiles USA, a unit of Everest Textile in Tainan City, Taiwan, will spend $18.5 million to bring a sports fabric weaving and finishing operation that will employ 610 to Forest City that in Rutherford County about 65 miles west of Charlotte along US Highway 74. The company expects to start production of the fabric either in the second or third quarter next year, says Tom Johnson, interim director of the Rutherford County Economic Development Commission.
Everest Textiles will take over an existing building in Forest City that measures almost 400,000 sq ft to create the plant. Workers there will weave, dye and finish the fabric which will be used in sports apparel. It’s the first US operation for Everest Textile. The Taiwanese company now supplies apparels to include Nike, Columbia and Patagonia from factories in Taiwan, China and Thailand.
Scott Chen, VP, Everest Textile said the company is known for innovation. They position itself a leading global enterprise and commits to contribute to human society by providing innovative, environmentally friendly and comfortable textile products to the industry and consumers. Everest Textiles qualifies for about $3.1 million in state and local incentives. The largest is a $3 million state Job Development Investment Grant that will be paid to Everest Textiles over 12 years.