This project represents the first significant cotton processing investment in Louisiana in many years.

“Zagis chose Louisiana because of its location relative to raw material, its infrastructure - interstate, rail, ports, and the strong entrepreneurial support from Louisiana departments of Economic Development and Agriculture," said Dan Feibus, chief operating officer of Zagis USA.

Locating in Louisiana ensures Zagis USA will have one of the lowest yarn production costs in the nation and the world because of access to raw material, proximity to export ports and strategic freight lanes, low interest costs, state incentives, and reliable power at a stable, competitive cost.

The company will ship a value-added Louisiana agricultural product, rather than an unprocessed raw material.

“This represents a significant shift for the cotton industry, particularly here in Louisiana,” said Stephen Moret, secretary of the Louisiana Department Economic Development.. "Historically, most of Louisiana's cotton has been shipped out of state in raw, unprocessed form, headed for export markets. Once phase two is complete, the Zagis mills could utilize up to 15 percent to 20 percent of Louisiana’s cotton crop to spin cotton yarn right here at home.”

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