PEORIA, Ill. — Fashion giant Ralph Lauren is among several investors putting $13 million into expanding production at Peoria’s Natural Fiber Welding.
According to Jake Hamman, Founder and Executive Director of Peoria Innovation Alliance, the Peoria-based company creates high-performance fabrics.
“They’re technically a material scientist company. So, they’re all into the science stuff in terms of alternative materials to plastic and leather and things like that,” Hamman said.
Hamman told WMBD’s Greg and Dan, Natural Fiber Welding will triple its workforce in the next year to 100. It currently employs 47 people.
