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Lakeland Ind shifts Celaya production to Jerez for better costs

07
May '07
Lakeland Industries Inc. has announced its plans to open new and larger production facility in Jerez, Mexico simultaneously with the closure of its Celaya facility.

US-based Company decided to shut down the Celaya plant to cut down production cost and will take pre-tax charge of around US $506,000 in the first quarter.

Jerez offers better labour, rent and transport prices and the company expects to reduce expenses by nearly $500,000 each year.

The Jerez factory is scheduled to be operational by August 2007.


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