Sun Fiber Revenue and Competitors

In September 25, 2013, Cixi Jiangnan established a new manufacturing facility in Chester County, SC under the name of JN Fibers Inc. The $45 million investment is expected to generate 318 new jobs. The new plant will recycle discarded soda and water bottles and transform them into recycled polyester staple fibers for use in home textiles, furniture, upholstery and automotive industries. The company plans extensive improvements to the existing 530,000 square foot building and infrastructure, as well as building a 70,000 sq ft process building on the facility’s campus. The JN Fibers plant is expected to begin operations in the third quarter of 2014 and hiring for the new positions in the second quarter of 2014. JN Fibers Inc. will operate the factory and market their products under their subsidiary Sun Fibers LLC. Cixi Jiangnan Chemical Fiber Co., Ltd., established in 2000, is a manufacturer of recycled polyester staple fiber products. The company has nearly 500 employees, with a 76000 square meters facility in China. They currently have four state of the art automated production lines located in Cixi, China. The company uses 100% recycled PET waste to produce their green and eco-friendly polyester staple fiber. They are among the first group of recycling companies certified by Intertek. Through a decade of steady expansion, Cixi Jiangnan has made great progress in both internal management and technological development. Featuring a high-grade production capability, combined with dedication to customers, their products have gained popularity among customers in North America, Western Europe and Eastern Asia.