Kayser-Roth To Expand North Carolina Operations, Add 100 Jobs
Kayser-Roth produces more than 90 percent of its No nonsense tights, socks and sheer hosiery in the United States. The expansion will increase production capacity for that brand by 30 percent.
"Walmart is proud to be working with suppliers like Kayser-Roth to increase domestic production and create jobs that will support the middle class," said Bill Simon, president and CEO, Walmart U.S. "Growing business with existing suppliers supports our goal of purchasing an additional $50 billion in U.S. manufactured products over the next 10 years."
"The No nonsense Sock Initiative with Walmart represents a business model demonstrating our mutual commitment, cooperation and trust with all stakeholders in creating more jobs and more Made in the USA products," said Kevin Toomey, president and CEO, Kayser-Roth Corp. "We've figured out how to make a better product at a better price here in America, and working with Walmart has been a tremendous asset in creating more jobs here at home. Together we are making a difference...one job and one consumer at a time."
September 10, 2013