◂ Announcements

Dec 1, 2016EXPANSIONAxis, Alabama, United States

Lenzing Fibers to invest $293M in Tencel fiber plant expansion in Alabama

Lenzing Fibers Inc. announced a $293 million investment to nearly triple production at its Axis, Alabama plant, building a new Tencel fiber plant with capacity of 90,000 tons per year. The expansion will create 163 new jobs.

Value

$293.0M

Jobs

163

Starts operating

Q2 2018

Status

Announced

Capacity

90,000 tons per year

ProductsTencel lyocell fiber

CompaniesLenzing Fibers

Sectors#Industrial Textiles

“A $293 million investment just north of Mobile is set to propel Lenzing Fibers Inc. toward the forefront of a national textile manufacturing resurgence.”businessalabama.com

1 source
businessalabama.comThe Future of TextilesKelli M. DuganJun 21, 2017

Summarized from public sources; check the original articles before acting on it.

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