Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

China-based Wuxi Taiji Paper Industry Company Invests $3 Million On First US Manufacturing Plant In Conover, North Carolina

01/28/2013
China-based Wuxi Taiji Paper Industry Company Ltd, a manufacturer of tubes and bobbins for the textile industry, invested $3 million to purchase a 50,000 square foot building in Conover, North Carolina, where the firm plans to locate its first US manufacturing operation, creating 78 jobs in the next four years.

The location will allow the company to transfer existing US business from China to the Conover plant and to grow its market share in the United States. Taiji Group manufactures spiral-wound cardboard tubes and cores. Their products are widely used in various industries, including the textile industry, Catawba County Economic Development Corporation officials said. Taiji Group has several customers in and near North Carolina and chose Conover because it is centrally located near their customers.

“We are determined to be a respected tube and core supplier in North America”, said. Meizong Yin, the company president.

“Mayor Lee Moritz Jr. said; “Our citizens are appreciative for this opportunity to become a member of the TAIJA Group team. It is exciting to see visionary international companies like TAIJI Group recognize the value of American manufacturing.”

Julie Pruett, Director of Recruitment for the Catawba County Economic Development Corporation, said; “It makes good business sense to locate their US operation in Catawba County which is the most specialized area for manufacturing in North and South Carolina. We were fortunate to have an available building with adequate ceiling heights and square footage that would meet the client’s needs.”

Exclusive Research