Hanesbrands Vietnam opens third factory
Hanesbrands
Vietnam, a subsidiary of the global leading apparel marketer Hanesbrands,
opened its third factory in the northern
province of Hung Yen last week.
The company’s expansion is partly motivated by the
benefit it hopes to enjoy after Vietnam joins the Trans-Pacific
Partnership next year.
The new $15 million plant, which is
situated in Kim Dong district, 10 kilometres from its Khoai Chau factory,
covers an area of nearly 85,000 square metres. The plant has recruited 2,000
employees, and the local workforce is expected to expand to 5,500 to 6,000
once the factory becomes fully operational. With the annual capacity of over
67 million units, the new manufacturing facility specialises in bras and
woven boxers – two categories that are new to Hanesbrands’ operations in Vietnam.
Hanesbrands is a socially-responsible
leading marketer of everyday basic apparel under some of the world’s
strongest apparel brands in the Americas,
Asia and Europe, including Hanes, Champion, Playtex, DIM, Bali,
Maidenform and Flexees. The company sells T-shirts, bras, panties, shapewear,
men’s and children’s underwear, socks, hosiery, and active wear produced in
the company’s low-cost global supply chain.
After establishing itself in Vietnam in 2007, Hanesbrands Vietnam has seen stable growth, and has
developed two production hubs in Hung Yen and Phu Bai in the central province of Thua Thien-Hue with the total
investment capital of $45 million and the total capacity of 400 million units
per year.
By end of 2014, the company expects
to employ almost 10,000 employees in Vietnam, accounting for nearly 20
per cent of Hanesbrands’ global workforce. The new factory in Kim Dong has
come about as a result of Hanesbrands’ positive business strategies and its
promising outlook in Vietnam.
It not only expands Hanesbrands’ manufacturing bases in the country, it also
enables the company to better meet the increasing demand of developed markets
in America, Japan, Canada and China.
“Vietnam
is a major part of the group’s supply chain in Asia.
The establishment of our third factory in Vietnam
manifests our long-term commitment here, and we hope that this Kim Dong plant
will further strengthen our presence and help us continue to grow in Vietnam,”
said Javier Chacon, senior vice president, global operations, Hanesbrands.
Tuan Phan, Hanesbrands’ manager at
the Hung Yen plant, said that with the total of over 100 production
facilities in 35 countries, Hanesbrands was one of the few apparel companies
to primarily operate its manufacturing facilities.
“More than 90 per cent of apparel
units sold worldwide and in the US are manufactured in our own
plants, or those of dedicated contractors. We are happy to operate three
production hubs in Vietnam
which will be critical links in our supply chain in Asia,”
said Tuan.
By Nhu Ngoc, VIR
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