Home / Knowledge / News / Textiles / Santana Textiles to expand fabric plant in Chaco
Santana Textiles to expand fabric plant in Chaco
03
Sep '13
Mr. Capitanich (C) making announcement
Mr. Capitanich (C) making announcement
The Governor of the northeastern Argentine province of Chaco, Jorge Capitanich, has announced the expansion of Brazil-based Santana Textiles Group for the manufacture of premium fabrics.
 
According to an official statement, the announcement was made by the Governor along with Juan Carlos Fabrega, President of the Banco de la Nacion Argentina (National Bank of Argentina) and Igor Perdigao, manager of Santana Textiles Group.
 
The project with an investment of US$ 45 million, will involve construction of a 16,000 sq m plant in the existing premises of the firm, over the next 12 to 15 months period.
 
The plant would manufacture premium fabrics and branded apparels which would be sold in Argentina, and is expected to create 300 direct jobs.
 
Governor Capitanich said the project requires a financial leverage for which the government along with the textile group is working with the National Bank through a syndicated loan from Nuevo Banco del Chaco (New Bank of Chao).
 
The Santana Textile group is a manufacturer of premium denim fabrics with four production units in Brazil and one in the Chaco province of Argentina.
 

Fibre2fashion News Desk - India


Interviews View All

Top executives, Textile industry, India

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Asim Dalal, Indo Count Retail Ventures

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Darshan Mehta, Infinium Polychem

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Cem Erdogrul,

Cem Erdogrul

Turkey-based Temsan Air Engineering is one of the leading manufacturers of ...

Teresa Neal,

Teresa Neal

Teresa Neal, an art professional with 25 years of experience, in...

Zafer Demirel,

Zafer Demirel

Turkey's Canlar Mechatronics is a leading designer and manufacturer of...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

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

Luis Quijano, Liberty University

Luis Quijano
Liberty University

Focusing on bold patterns and colour palettes, Luis Quijano, a student at...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Prathyusha Garimella, Prathyusha Garimella

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...

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


September 2019

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

news category


Related Categories:

Advanced Search