A major textiles supplier, Shason, said Thursday that it plans to boost its textile manufacturing by $1 billion from 2020 to 2022.
Shason said the plan will support the expansion of its business and its employees.
It said the investment will be made through a number of ways, including the hiring of 1,200 workers, a doubling of the number of its U.S. plants, and new investment in its China operations.
The company said the additional spending will help support its workforce, as well as its operations in other parts of the world.
Shaker Shaker, which is headquartered in Philadelphia, said it expects to invest $1.1 billion in its manufacturing operations in 2018 and 2019.
Shakers is a manufacturer of industrial and industrial-grade textiles.
The textile industry has been a major driver of the economy since the 1970s.
The U.N. has estimated that the textile industry generates $3.5 trillion in revenue.
The Trump administration has threatened to withdraw U.H. 1 from the U.s. global trade pact, and President-elect Donald Trump has called for a border wall and the suspension of visa-free travel for people from seven Muslim-majority countries.