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SGT – Eden Yarn Manufacturing Plant – North Carolina - Project Profile

1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

SGT – Eden Yarn Manufacturing Plant – North Carolina - Project Profile

Synopsis

"SGT – Eden Yarn Manufacturing Plant – North Carolina - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "SGT – Eden Yarn Manufacturing Plant – North Carolina - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Shri Govindaraja Textiles Ltd (SGT), a subsidiary of Jayavilas Group, is planning to construct a textile manufacturing plant in North Carolina, the US.

The project involves the construction of a 16,722m2 yarn manufacturing plant. It includes the construction of a production unit, a dyeing facility, a storage unit, an administrative space and related infrastructure, and the installation of 16 machines with a production capacity 35 tons of yarn per day, safety and security systems.

The NC Department of Commerce’s Rural Infrastructure Authority Board awarded a US$750,000 community development block grant (CDBG) to the City of Eden to assist SGT with up to 50% of building costs.

The project will be funded through a mix of equity and debt, in the ratio of 1:3.

Planning activities are underway.

Scope

The project involves the construction of a 16,722m2 textile manufacturing plant in Eden, North Carolina, the US.

The US$40 million project includes the following:

1. Construction of a production unit

2. Construction of a dyeing facility

3. Construction of a storage unit

4. Construction of an administrative space

5. Construction of related infrastructure

6. Installation of machinery

7. Installation of safety and security systems

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


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