# Albaad USA expands Reidsville operations with $45M investment

Albaad USA Inc. announced a $45 million investment to expand its operations in Reidsville, North Carolina, creating 302 jobs.

- Type: Expansion
- Announced: 2018-06-13
- Where: Reidsville, North Carolina, United States
- Value: $45.0M
- Jobs: 302
- Status: announced
- Products: nonwoven fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Albaad USA](https://endata.com/companies/32562.md)
- [Albaad](https://endata.com/companies/32526.md) (investor)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2018/06/albaad-usa-announces-expansion/), 2018-06-13: "Albaad USA Inc., Reidsville, N.C. — a wholly owned subsidiary of Israel-based Albaad Holdings — has announced a $45 million investment to expand its operations in Reidsville."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.