US Meridian Specialty Yarn Group brakes ground on new plant
On Tuesday April 12, 2016, Meridian Specialty Yarn Group, Inc., (MSYG) officially broke ground on a new, multi-million dollar textile plant in Valdese, NC, USA
When done, the new production facility and an investment of USD 8 million, Meridian’s current operations in Valdese will expand by 113000 square feet. Meridian is the leading specialty yarn manufacturer in North America and specializes in package dyeing, space dyeing and top dyeing. The new facility will also produce Tow dyed acrylic for vertical integration with the company’s Ranlo, NC, plant.
Meridian Specialty Yarn Group, Inc. (MSYG) is the leading specialty yarn manufacturer in the United States. At the company’s wet processing plant in Valdese, North Carolina, Meridian offers package dyed yarn, space dyed yarn, top dyed wool, yarn printing and twisting. At the novelty spinning operation in Ranlo, North Carolina, Meridian produces coarse count novelty yarn from various substrates using six different yarn formation technologies. The end uses for these yarns include home furnishings, hosiery, industrial, craft and apparel. Meridian Specialty Yarn Group is a Meridian Industries, Inc. company.