In step with major expansions of its U.S. manufacturing operations, Meridian Specialty Yarn Group Inc. has added two positions to the company’s management team — a vice president of finance and a sales and marketing manager.
Ed Carroll, formerly vice president of finance for the branded apparel segment of Gildan Activewear Inc., has been hired as vice president of finance. Carroll brings more than 20 years of experience directing the financial operations of textile and performance brands. This includes positions at Hanesbrands and Outer Banks. His experience includes strategic long-range planning, fiscal accountability, enterprise risk management, mergers and acquisitions, and product cost and profitability reporting and analysis.
Amy Isenhour, most recently brand sales manager for Unifi Inc., will lead the Meridian’s sales and marketing operations in her new post. Isenhour has served as dyeing operations manager for Sara Lee Knit products, a chemical sales representative for Ciba Specialty Chemicals and worked in sales for Huntsman International Textile Effects.
The company said the new positions reflect the continued growth of its North American operations and entry into new markets. Meridian, a key player in manufacturing specialty yarns in the U.S., is building a new manufacturing plant in Valdese, N.C., and just completed the expansion of its Ranlo, N.C., facility.
Meridian is investing $8 million building a 265,000-square-foot facility in Valdese, which will feature a new generation of technology, machines, controls and robotics for package, top and tow dyeing.
Construction began this spring to expand and reengineer Meridian’s existing plant in Valdese by 43 percent. The project should be completed by the first quarter of 2017 and is expected to add 26 jobs to Meridian’s 146 employees in Valdese.
The new Valdese plant will provide additional manufacturing capacity for both and new markets, and with the 2016 Ranlo plant expansion, Meridian has begun manufacturing wool carpet yarn.
“We have an aggressive growth plan stemming from the recent and ongoing heavy capital investments at our Valdese and Ranlo plants, and Ed and Amy will both play vital roles in the execution of that plan,” said Tim Manson, president of Meridian. “They bring a level of professionalism, experience, knowledge and creativity that completes our management team and have the talent we need to meet our goals.”
At the company’s wet processing plant in Valdese, Meridian offers package-dyed yarn, space-dyed yarn, top-dyed wool, yarn printing and twisting. At the novelty spinning operation in Ranlo, Meridian produces coarse count novelty yarn from various substrates using six different yarn formation technologies. The end uses for these yarns include apparel, hosiery, home furnishings, carpeting, industrial and craft.
Meridian Specialty Yarn Group is a Meridian Industries Inc. company, which also owns Aurora Specialty Textiles Group. Last month, Aurora opened a manufacturing plant in Illinois as part of a decision to invest millions of dollars in a state-of-the-art North American textile manufacturing operation.
Aurora’s products include digitally printable textiles through its Northern Lights Printable Textiles line, specialty home products, industrial products and tape products for a wide variety of industries.