Home / Knowledge / News / Apparel/Garments / Dominican President inaugurates Gildan Activewear's unit
Dominican President inaugurates Gildan Activewear's unit
14
Apr '14
courtesy: presidencia.gob.do
courtesy: presidencia.gob.do
Danilo Medina, President of the Caribbean nation of Dominican Republic, has inaugurated a new garment manufacturing unit of the Canadian multinational Gildan Activewear.
 
The new factory opened in San Pedro de Macoris with an investment of US$ 12.5 million would create 2,000 new direct employment opportunities.
 
After cutting the ribbon, the President, along with company executives and Government officials, took a tour of the new apparel factory, according to the President’s official website.
 
Gildan Activewear is a leader in sportswear in the US and Canada. The company began its operations in the Dominican Republic in 2004. The firm currently employs more than 2,200 people and makes exports of about $400 million a year from the country.
 
Javier Echeverría, Gildan vice president and manager in the country, thanked President Medina for being a facilitator of the process that led to the expansion of the company’s operations and highlighted the excellent investment climate and legal security that prevails in the Dominican Republic.
 
Luisa Fernández, executive director of National Council of Free Zones (CNZFE) and Alexandra Izquierdo, general director of the Centre for Industrial Development and Competitiveness (PROINDSUTRIA) expressed satisfaction with the beginning of operations at the new clothing factory.
 
Gildan sells its products under a diversified portfolio of company-owned brands, including the Gildan, Gold Toe and Anvil brands and brand extensions, as well as under licensing arrangements for the Under Armour, Mossy Oak and New Balance brands.
 
The Company, which has over 34,000 employees worldwide, is also one of the largest suppliers of branded athletic, casual and dress socks for a broad spectrum of retailers in the US. The Company is also developing Gildan as a consumer brand for innerwear and activewear.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 30th Apr 2016

Britain keen on new ventures in textiles and garment

British High Commissioner to India Sir Dominic Asquith, has said that ...

Apparel/Garments | On 30th Apr 2016

‘India’s apparel sector needs to revisit policies’

Apparel Export Promotion Council (AEPC)’s Additional Secretary...

Textiles | On 30th Apr 2016

Bangladesh spinners wary of another gas price hike

Bangladeshi cotton spinners have expressed concern that they may lose ...

Interviews View All

Ratul Kashyap
BS Overseas

What are the major challenges faced by the companies with global...

Vivek Kumar Rawal
BioRe India Ltd.

How is the demand for Indian organic cotton in the world market? What is...

Nancy Hunze
Miller Waste Mills

Do you view recycled clothes as the future of textile and fashion...

Marten Alkhagen
Swerea IVF AB

<b><i>Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles...

Kerem Durdag
Biovation II LLC

<b><i>Kerem Durdag, CEO, Biovation II LLC, provides an insight into future ...

Dr Geoff Collins
Lenzing Fibers (Hong Kong) Ltd

The Lenzing Group The Lenzing Group is an international group of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

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

Pranav Mishra
Huemn

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

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
April 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


<%@ language="VBScript" %>
feedback
We would love to hear from you about your experience using the new interface. A quick review of yours would help us give you a better experience.
Advanced Search