New Challenges For Tactics
In addition to taking a significant minority stake in the company, AKR plans to bring 20 percent of its production to the U.S. That is welcome news for Hilderbrand, who started her company three years ago after being irked by how the human aspect of fashion manufacturing was being forgotten. Determined to change that and improve the lives of workers at the lowest levels of production, she set out to create better-paying jobs. The partnership deal with AKR will bolster that, due in part to the use of semi-automated machinery. There are plans for a new LEED-certified facility in Fall River, Mass., with the goal of creating 500 jobs in the next three to five years. GCC expects to open that on a 26-acre site in the city’s biopark where Amazon has a distribution center. The company aims to generate $500 million in cut-and-sewn sales within five years, Hilderbrand said. GCC will also open a textiles manufacturing facility in Arkansas’ Delta region in late 2018 or early 2019. GCC already has expansion plans under way in the turn-of-the-century textiles mill in Fall River, where it leases space. The first phase of the Fall River and Arkansas expansion is a $100 million investment.
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