Parkdale Mills, a leader in the spun yarn industry plans to expand its Mountain City operations making it the company’s largest ring spinning installation will be investing to the tune of $120 million. The expansion will include replacing all existing manufacturing equipment and increasing the facility size. Construction will begin immediately with plans for new technology and equipment to be installed in July 2015.
Parkdale Mills, in order to accommodate the expansion will increase its existing footprint to include an additional 222,158 square feet and create 80 new jobs in Johnson County, Tennessee. The company’s Mountain City location primarily produces yarn used for outerwear, innerwear and t-shirts.
Parkdale Mills President Charles Heilig said that the company is grateful for the opportunity that has been provided by the state of Tennessee and Johnson County to further invest in their future. Their associates deserve this opportunity to create another world class operation that fits within Parkdale’s manufacturing footprint. This project will near its completion on their company’s hundredth birthday, and they cannot imagine a better community to celebrate this milestone with.
Parkdale Mills is the largest manufacturer in Johnson County, and today’s announcement is a tremendous uplift for the area’s citizens and its outstanding workforce, said Economic and Community Development Commissioner Randy Boyd. This is great news for Mountain City, and thankful to Parkdale Mills for choosing to further invest in their state and create more jobs for Tennesseans.
Tennessee Valley Authority and Mountain Electric Cooperative congratulated Parkdale Mills on its decision to make a major expansion that will create additional jobs in Johnson County. John Bradley, TVA Senior Vice President of Economic Development, said that they are pleased to partner with the state of Tennessee, Mountain City and Johnson County officials to help facilitate Parkdale’s growth and continued success.
The company has about two dozen plants in the US, Colombia, and Mexico, and a fiber research center. Its cotton consumption represents around 30% of total US cotton demand. It manufactures cotton and cotton-polyester blend yarns and specializes in spun yarn that winds up in such goods as sheets, towels, underwear, and jeans.
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