Spindale, N.C.—White Oak Carpet Mills, a division of CAP Carpet, will invest $4.1 million to expand its operations in Spindale, N.C., according to Area Development.
The company will relocate its current operations to a 250,000-square-foot building that was constructed in 1973 and has been vacant for more than five years. The North Carolina Rural Infrastructure Authority has awarded Rutherford County a Building Reuse Program grant in the amount of $300,000 to support the building’s reuse.
In addition, White Oak received a performance-based grant from the One North Carolina Fund of up to $25,000. The program provides financial assistance through local governments to attract business projects that will stimulate economic activity and create new jobs in the state. The company plans to create 40 new jobs over the next three years.
In the case of the carpet mills exhibiting at Surfaces 2013, the phrase, “The people coming into our booth are buying, not kicking tires” was a popular refrain. And although it’s a sentiment the industry has heard in previous years, there seemed to be genuine enthusiasm as to what the rest of the year may bring regarding sales and profits.
The majority of attendees seemed impressed with the array of selections offered, which included bolder colors, more textures and patterns, three-dimensional looks and an ever-increasing number of soft products. For the most part, a steady stream of traffic moved briskly from booth to booth as an upbeat, optimistic atmosphere permeated throughout the broadloom segment. Continue reading Carpet: Mills unfurl new products, enthusiasm for 2013