Frontier Spinning Mills – Capital Investment

Frontier Spinning Mills is a globally recognized industry leader for spun yarns.

They employ over
1,600 workers in six manufacturing facilities
throughout the United States, establishing them as
one of the world’s largest suppliers
for the weaving industry.

The Challenge

Effective technological advances in manufacturing operations fuels Frontier’s success. Staying ahead of the international competition requires regular capital investment in plants and state-of-the-art equipment. Frontier plans its capital investment over several years – all while working to reduce production costs.

Frontier faced a particularly critical challenge when it needed to leverage a $22 million investment while lowering costs.

Frontier needed to leverage a
$m investment
while lowering costs

The Solution

Having developed a rock-solid partnership for over 11 years, Maxis Advisors analyzed Frontier’s multiple manufacturing locations, then packaged and presented economic development officials with a compelling business case in a multi-state competition for capital investment.

Maxis Advisors
packaged and presented
a compelling business case
for capital investment

The Results

Maxis Advisors negotiated $600,000 in “above the line incentives” in addition to $1.6 million of statutory funding. This incentives package was more than 60% greater than Frontier would have obtained on its own.

The incentives helped generate a 3% reduction in the project’s capital cost. This significantly improved internal rate of return was another valuable step in keeping Frontier ahead of its international competition.

in “above the line incentives”

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Damien Lamendola

Having you on this project was one of the best decision’s we made.  We won’t do another project without you.

Mr. Damien Lamendola
President & CEO, WellDyne, Inc. - Centennial, Colorado

David M. Walsh

Hiring you was one of the best decisions we made on our project.  You accommodated our management style and you really added value. We appreciate everything you've done for us.

Mr. David M. Walsh
Sr. Vice President, Manufacturing & Service, Mitsubishi Power Systems Americas, Inc. - Orlando, FL

Suzanne Rudy

We have found the benefit of using DAI to be twofold; (1) their ability to focus on the task at hand and (2) the knowledge and expertise they bring to this area of the project.

Ms. Suzanne Rudy
Corporate Treasurer, RF Micro Devices. - Greensboro, North Carolina

Alan Asbury

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Mr. Alan Asbury
Controller, Mountaire Farms. - Lumber Bridge, North Carolina

Robert Heuts

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Mr. Robert Heuts
Executive Director, Lee County Economic Development Corporation - Sanford, North Carolina

Kelly Moore

We were delighted to collaborate with Maxis Advisors to secure incentives for our new manufacturing location in Winston-Salem. The partnership and dedication of their team have been instrumental in streamlining the process, enabling us to remain focused on operational needs while maximizing our potential and accelerating our growth. We are grateful for their support and look forward to the remarkable opportunities that lie ahead.

Mrs. Kelly Moore
Chief Financial Officer, Tex-Tech Industries

Thanh Nguyen

Maxis Advisors played a critical role in helping us navigate the complexities of selecting a location and securing incentives for our first production facility. From the beginning, they understood our priorities and provided guidance to ensure our final location supported our construction timeline, Department of Energy grant goals, and long-term operational needs. Most importantly, their team’s strong relationships with states and communities matches our organization’s culture and values, and we are grateful to have them as a partner.

Mr. Thanh Nguyen
Senior Vice President, 6K Inc.