Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.

Sri Lanka apparel group Brandix to double thread making capacity in Bangladesh

Jan 30 (LBO) – American & Efird Lanka, part of top Sri Lankan apparel exporter the Brandix Group, hopes to double its thread making capacity in Bangladesh over the next year. A&E Lanka is a joint venture of Brandix Lanka, global thread manufacturer American & Efird, and Brandot International. The company manufactures sewing and embroidery thread, with a 100 metric tonnes a month facility supplying the seven billion dollar apparel industry in Bangladesh.

We are looking at least a doubling of capacity at our Bangladesh plant over the next 12 months, Irfan Thassim, Chief Executive Officer of American & Efird Lanka (A&E), said on Tuesday.

With an expanded operation, the company is hoping to service the 60-70 percent of Bangladesh’s apparel factories that is centred in the capital Dhaka.

The company also has a factory in Sri Lanka, turning out 300 metric tonnes of thread a month, supplying the needs of the local apparel trade, which is valued at just under three billion dollars.

American & Efird Lanka produces a range of sewing thread in 1050 standard colours, as well as in dyed-to-order special colours to match individual customer requirements

The

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Top
0
Would love your thoughts, please comment.x
()
x