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Wed, 22 May 2013 13:53:18
Sri Lanka gets more apparel plants
06 Jan, 2012 17:44:20
Jan 06, 2012 (LBO) - Apparel exporters Timex and Fergasam Group will build two factories at a cost of five million US dollars in Sri Lanka's north-western Mannar, part of the former war zone, the ministry of industry and commerce said.
The first Mannar factory is to start production by mid-October 2012, its statement quoted officials of Timex and Fergasam as saying.

The project will be in two phases with the first factory giving employment for 1,200 people and the second for 800.

The new factories will be the 17th and 18th manufacturing facilities to be set up by the apparel group.

Timex and Fergasam currently employs more than 8,000 across its 16 manufacturing facilities with offices in UK and Hong Kong.

Among clients of Timex and Fergasam are top labels like Marks & Spencer, Victoria’s Secret, House of Frazer, Diesel, H&M and SUZI Chin, the statement said.

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READER COMMENT(S)
1. K.C Jan 08
I smell a newly appointed PR firm trying to create a brand image that is not there. I am pretty sure that Timex is great company and is having its values and uniqueness. I with no background on advertising and PR can see through the PR machine and I am sure such will not go well as an honest and credible effort by the organisation to build a good brand and PR reputation. when an apperal company lists "Job Creation" as its CPR initiative you know they are not doing much. Expecially when official unemployment rates are closer to historical laws. Its best not to mention such in corporate profile at all. Just my thoughts.