Jeff Bruner of Greensboro, who will manage the plant, said the business will be known as New Generation Yarns. He said the plant should be ready for operation early next year. He expects to begin hiring in November, he said.Bruner said the plant will be owned by an individual whose name he could not disclose. A ground-breaking ceremony is scheduled next Monday at the plant site on Springwood Road. The yarn produced at the plant will be used in fabrics produced by the owner in another business, he said.

Bruner, who previously worked for Burlington Industries, said he chose the Gibsonville site because of its proximity to his home in Greensboro, where he has lived for nine years. He also has worked for New York textile companies and taught at the Philadelphia College of Textiles.