Tel Aviv, Israel
2014 Nonwovens Sales: $319 million
Michael Teacher, chairman; Shachar Rachim, interim CEO
Tel Aviv, Israel; Mocksville, NC, U.S.; Jingmen, City, Hubei Province, China; Uzlovaya, Russia
Spunbond, meltblown, hydroentangled spunlace
Zebra, Avspun, Avsoft
Hygiene, medical, construction
Plans are underway at Avgol to add its fifth line in Mocksville, NC. The line, which will represent a reported $40 million investment, will be the fifth line at the site purchased in 2002 by Unifi. The site’s current capacity is over 60,000 tons.
According to reports, Avgol considered all of its global sites—China and Russia—for the expansion, but chose the North Carolina site because of state and local incentive packages.
Beside the U.S. investment, Avgol’s latest expansion was a second line to its site in Uzlovaya, Russia last year and other efforts have centered on improving operating efficiencies on its existing lines, particularly in North America.
In 2014, the company’s sales decreased from $342 million to $319 million largely due to currency fluctuations. Based in Tel Aviv, Israel, Avgol is one of the world’s largest makers of spunbond nonwovens for the global hygiene industry.
In China, the company’s third line came onstream in mid-2013 and has since helped Avgol’s expansion in Asia, which has also been aided by Chinese line investments in 2011 and 2008. While growth in China has been slower than expected, Avgol has been shipping the reported 40,000 tons of materials made at the site around the world, a situation that has been hurting profit margins. However, the completion of the Russian site—which will add 20,000 tons to that region—as well as the addition of the new line in the U.S. should lessen the need for this.