Area Development News Desk (09/24/2007)
Victor Innovatex, Inc., a Canadian manufacturer of textiles, will its
U.S. operations in Fall River, Massachusetts. The company has purchased
the assets of the former Quaker Fabric, Inc. in Fall River - including
its textile mill and equipment there - and, according to a Victor
announcement, plans to begin operations by the end of this year. While
the company declined to provide financial information regarding the
expansion, local news reports indicate that the company will hire at
least 100 workers over the next two years. "This acquisition will allow
Victor to deliver compelling solutions to the textile market by
expanding our expertise in contract textile design, lean production,
on-time delivery, and consistent quality," says Alain Duval, the
company's president and CEO. Victor already operates a service and
warehouse facility in Michigan and a design studio in New York.
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