India-based Shrivallabh Pittie Group Invests $70 Million To Build Sylvania, Georgia, Manufacturing Facility
Area Development Online News Desk (10/15/2013)
India-based Shrivallabh Pittie Group, a textile manufacturer, will invest $70 million to build its first U.S.-based manufacturing facility near Sylvania, Georgia, creating 250 jobs.
The facility will be located at the Screven County Industrial Park near Sylvania. The plant will manufacture a range of different counts of carded cotton yarn. “We are very excited about this project, which is the biggest single investment in U.S. cotton yarn sector in decades,” said the Chairman of Shrivallabh Pittie Group, Vinod Pittie. “We believe there is a significant market opportunity for yarn manufacturing in Georgia due to a skilled local workforce, proximity to high-quality cotton fiber, the economical supply and reliability of power and world-class infrastructure to international markets. We are proud to generate 250 new U.S. jobs and to bring a positive economic effect on the local area and its rich cotton textile heritage. Lastly, we would like to thank both the state of Georgia and Screven County for their sponsorship of this project.”
Shrivallabh Pittie Group received assistance for its new facility from the Screven County Development Authority and Georgia Department of Economic Development.
“I am pleased to welcome Shrivallabh Pittie Group to Screven County,” said the Chairman of Screven County Development Authority, Bobby Smith. “These 250 jobs and the $70 million investment represent 250 jobs for our friends and neighbors, as well as countless opportunities for local businesses to grow and prosper. We thank our strong partnership with the state of Georgia and Screven County. Together we have made this project a success.”
“Georgia’s resources for textile manufacturing are best in class,” said Pat Wilson, COO at Georgia Department of Economic Development. “Sylvania has been home to textile facilities in the past and offers the Shrivallabh Pittie facility a diverse workforce that has experience in textile manufacturing.”
The Screven County Industry Park is a GRAD-certified site that offers advanced due diligence for industrial development through the Georgia Allies’ GRAD, also known as Georgia Ready for Accelerated Development program. Shrivallabh Pittie Group will also take advantage of the services of Georgia Quick Start, the state’s customized workforce training and development program.
“The decision by Shrivallabh Pittie Group to locate its new facility in Georgia is an example of how our state is quickly becoming the No.1 state for companies to do business,” Gov. Nathan Deal said. “The company’s decision to build its first U.S. facility in Georgia underscores our attractive infrastructure and diverse talent pool.”