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 29th Mar 2017

Indonesian garment exports to remain stable in 2017: API

Garment exports from Indonesia are likely to remain stable this year...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Myanmar CMP garment exports to touch $2.2bn in 2017

Cutting, making and packaging (CMP) garment exports from Myanmar are...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Karan Arora
Karan Arora

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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