Log in

Register Subscribe
The Leading Magazine for Knitting & Hosiery Technology

User Rating: 0 / 5

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive
 

Myanmar - A Hong Kong-based knitwear manufacturer has opened a new plant in Myanmar, which will be used to supply sweaters to brands and retailers in the UK, Italy and North America.

Prosperity Knitwear, which also operates in China, Hong Kong and Bangladesh, has spent an initial US$5.5 million to set up the knitting mill with further investment of up to $45 possible in 2015.

Company spokesperson Moe Yu Wai told local news outlet, Eleven Myanmar: ?We have invested $5.5 million and will increase it up to $45 million next year. The factory will be operational in December. Currently, we are training employees, as there is a lack of skilled workers here.

At the moment, Prosperity Knitwear Myanmar Ltd employs around 200 workers, who are currently undergoing training, with a further 2,500 likely to be created if the suggested investment goes ahead.

Weekly e-news bulletin

Latest news direct to your inbox

Job of the Week

Senior Manager of Corporate Responsibility (Water and Chemicals) at Tommy Hilfiger

This role will see you work in the CR team at Tommy's PVH Europe office in Amsterdam, primarily responsible for water and chemicals management at PVH Europe and at Tommy Hilfiger Global.

Need to advertise a job? Email: info@mclnews.com to promote your listing through Careers in Textiles.

Reference Tools

Interested in advertising?

Simply give us a call

Sales: +44 1977 708488

Or if you prefer email, click on the button below and we'll get back to you asap