# Lenzing to build second TENCEL plant in Alabama with $293M investment

Lenzing Group is investing $293 million to open a second U.S. plant near its existing facility in Axis, Alabama. The new operation is scheduled for completion in 2019 and is expected to create 163 new jobs to increase production of TENCEL-branded lyocell fibers.

- Type: New facility
- Announced: 2018-09-10
- Where: Axis, Alabama, United States
- Value: $293.0M
- Jobs: 163
- Starts operating: 2019
- Status: announced
- Products: TENCEL-branded lyocell fibers
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Lenzing AG](https://endata.com/companies/20683.md)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/2018/09/capital-ideas-usa-attracts-textile-investments/), 2018-09-10: "Lenzing is investing $293 million to open a second U.S. plant near its existing facility in Axis, Ala., close to Mobile."

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