More manufacturing jobs are coming soon to America, courtesy of China.
In October, Chinese garment manufacturer Tianyuan Garments Co. sealed a deal to acquire a defunct 100,000-square foot metal fabrications plant in Little Rock, Arkansas.
The $20 million investment would make Tianyuan — which produces clothes for brands like Adidas, Reebok and Armani — the first Chinese manufacturer to make clothing in the U.S.
The Chinese firm expects to hire 400 American workers to run the refurbished factory, slated to open in late 2017.
Eric Spackey — CEO of Bluewater Defense, a manufacturer of U.S. military combat clothing — wants to open a facility in North Carolina. The firm currently has a facility in Puerto Rico with 523 workers.
But the incoming tide of foreign manufacturers raises concerns for Spackey.
“Foreign companies have significant financial resources and investment capital to set up a new factory here, and they’re getting great incentives,” he said.