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

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Steve Cole
Xerium Technologies

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Robert Brunner
Devereux

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
February 2017

February 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