Yuanmao Apparel Project recently laid its foundation at the Tianqu Industrial Park, Dezhou city, Shandong Province with an investment of US $100 million.
This apparel project is reported to be funded by Yulon Group, one of the biggest garment enterprise from Taiwan. The facility can boast of engaging advanced equipments to achieve an annual output of 24 million yards of denim, 6 million pieces of high-grade denim garment. The produce here will be exported mainly to Japan, South Korea, Europe, the United States and other places.
According to the sources from Yulon Group, the project will realize 700 million yuan of annual sales income after it starts its full operation and is expected to create over 3000 jobs for local people.