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

US merchandise trade with India, 2012–16; Courtesy: USITC

Textiles | On 27th Jul 2017

India becomes US’ 9th largest trading partner in 2016

In 2016, India became the United States’ 9th-largest single-country...

Textiles | On 27th Jul 2017

GST will lead to further increase of MMF prices

The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...

Textiles | On 27th Jul 2017

Global yarn production improved 30% q-o-q in Q1: ITMF

In the first quarter of 2017, global yarn production rose by almost...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silke Brand-Kirsch
Schlegel und Partner

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Ritu Kumar
Label Ritu Kumar

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X