Home / Knowledge / News / Apparel/Garments / Argentine Vesuvio to increase apparel production capacity
Argentine Vesuvio to increase apparel production capacity
30
May '12
Vesuvio, a leading Argentine garment manufacturing company, will invest seven billion pesos for expansion of its San Juan based plant.

During a meeting with Industry Minister Debora Giorgi, Gotlib Rudy, President of Vesuvio, said the expansion project would create 230 new employment opportunities.

It would improve the company's trade balance and increase its production capacity from the current 700,000 shirts per year to 1.2 million shirts per year.

In August 2011, the company opened a manufacturing plant in Pocito that resulted in generation of 100 jobs, taking the total employee strength in the company to 450.

With the opening of the new manufacturing facility, the total employee strength of the company is likely to increase to 680.

Besides investing in manufacturing, the company also plans to open new stores.

Vesuvio already has three outlets in Chile and is soon going to open a store in Sao Paulo, Brazil.

Over the last five years, the turnover of Vesuvio has grown 590 percent and its exports have increased ten-fold, especially to Chile, Paraguay, Uruguay and Brazil.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search