# Quantum Materials accelerates $3.5M investment for textile equipment in Greensboro

Quantum Materials is accelerating a $3.5 million capital investment in new manufacturing equipment at its Greensboro, N.C. facility to expand production of custom advanced textiles, including high-performance yarns and fabrics.

- Type: Investment
- Announced: 2020-02-25
- Where: Greensboro, N.C., United States
- Value: $3.50M
- Status: announced
- Products: high-performance yarns, fabrics, suspension fabrics, mono-filament elastomeric yarns
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Quantum Materials](https://endata.com/companies/45506.md)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/nonwovens-technical-textiles/2020/02/quantum-accelerates-3-5-million-capital-investment-to-expand-u-s-production-of-technical-textiles/), 2020-02-25: "We made the decision to fast track this project so that we can be a domestic resource due to many of the current global dynamics affecting our industry."

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