India's A R Textiles will invest 12 million dollars to locate its manufacturing facility in North Carolina, US. AR is a part of Sunflag, a global group of companies with international operations ranging from yarns, fabrics, garment and household textiles utilising the latest technology and machinery.

The Sunflag group has diversified from its textile foundation into steel, power generation, healthcare, property and related services. The company will be producing cotton yarn at its North Carolina facility.

The project was possible in part by a performance-based grant from the One North Carolina Fund. The fund provides financial assistance through local governments to attract business projects that will stimulate economic activity and create new jobs in the state. The companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds.

Tamil Naud-based A R Textiles opened in 2008 and is a leading manufacturer and exporter of a wide range of cotton textile products. It produces knitted fabrics for all types of knitted garments. It has some 30-odd machines. All machines are imported from Europe and Singapore. The fabrics include single jersey, pique, fleece, lycra single jersey or spandex knitted fabrics and yarn dyed striped fabrics, spandex fabrics, thread fleece, French terry.
www.artextiles.in/