Valdese Expands U.S. Manufacturing

Valdese Weavers will expand its domestic manufacturing facilities with the acquisition of a 198,000-square-foot facility here, formerly owned by Carolina Mills. The new facility, the company's third factory here, is expected to result in about 61 new jobs and amount to a $15.1 million total investment over the next three years. The company will begin its move in May, install new finishing equipment in June, and will be fully operational by January 2008.

With the new facility, the company's main headquarters, design center and primary weaving operation are located in a 275,000-square-foot plant. Plant 2, a 125,000-square-foot facility built in 1996, will become the primary yarn preparation facility. The new Plant 3 will house all finishing operations as well as house the Valdese International Products (VIP) brand.

Mike Shelton, president and ceo, said, "After a very deliberate evaluation of opportunities to either expand globally or go to other areas domestically, we have chosen to make this commitment to grow our business in Valdese, where we have a 72-year heritage." He added, "We are very fortunate in the current environment of globalization in the textile industry to have been able to consistently grow our business and experience a 14% growth rate in 2006."

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.


HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!