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Tainan Company to set up its third clothing factory in mainland |
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2010-11-15
Tainan Co., Ltd., a leading enterprise of Taiwan's fashion industry signed a cooperation agreement with the People's Government of Chuanhui District, Zhoukou City, Henan province, in the morning of November 10, at Zhoukou Hotel.
Tainan Co., Ltd., having 50 years of development history, is a leading enterprise of Taiwan's fashion industry, it has manufacturers in Shanghai and other areas operating for 20 years.
The project settled in industrial agglomeration area of Chuanhui district will focus on clothing production, it will be the third clothing manufacturer of the company in the mainland.
The first phase will hire 23,000 square meters of standard factory building in the industrial agglomeration area, it will be put into operation by the end of the year and is expected to create 2,000 new jobs.
The second phase will start next year. Total investment of the first and the second phases will reach US $50 million, the project will produce nearly 200 million Yuan profits per year.
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