Home / Knowledge / News / Apparel/Garments / Argentine Vesuvio to increase apparel production capacity

Argentine Vesuvio to increase apparel production capacity

30
May '12
Vesuvio, a leading Argentine garment manufacturing company, will invest seven billion pesos for expansion of its San Juan based plant.

During a meeting with Industry Minister Debora Giorgi, Gotlib Rudy, President of Vesuvio, said the expansion project would create 230 new employment opportunities.

It would improve the company's trade balance and increase its production capacity from the current 700,000 shirts per year to 1.2 million shirts per year.

In August 2011, the company opened a manufacturing plant in Pocito that resulted in generation of 100 jobs, taking the total employee strength in the company to 450.

With the opening of the new manufacturing facility, the total employee strength of the company is likely to increase to 680.

Besides investing in manufacturing, the company also plans to open new stores.

Vesuvio already has three outlets in Chile and is soon going to open a store in Sao Paulo, Brazil.

Over the last five years, the turnover of Vesuvio has grown 590 percent and its exports have increased ten-fold, especially to Chile, Paraguay, Uruguay and Brazil.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

E-commerce | On 6th May 2021

UK digital commerce spending to reach $11.6 trillion in 2021: Report

UK digital retail spending will rise to over $11.6 trillion by the...

Pic: Compo-SiL

Textiles | On 6th May 2021

Taiwanese company GS to produce plastic-free vegan leather

Taiwanese silicone product manufacturer General Silicones (GS) has...

Pic: Shutterstock

Textiles | On 5th May 2021

EURATEX welcomes revamped EU Industry Strategy

EURATEX, the voice of the European textile and apparel industry, has...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchains will be in heavy use by early adopters by 2025

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Barry Goodwin,

Barry Goodwin

UK based Amba Projex Ltd designs, manufactures, and installs industrial...

Chini Chouhan,

Chini Chouhan

Founded by Chini Chouhan, her eponymous brand specialises in women's...

Shyam Gupta,

Shyam Gupta

Established by <b>Shyam Gupta</b> in 1978, Gargee Designer's (GD) offers...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Daniel Roxbury, University of Rhode Island

Daniel Roxbury
University of Rhode Island

Assistant professor Daniel Roxbury and former URI graduate student...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

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

Leave your Comments


April 2021

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


Advanced Search