Butterfly to start production in Bangladesh

Butterfly Manufacturing Company opened its factory in Bangladesh yesterday to produce fridge, television and air-conditioner here, said a statement.
MA Mannan, chairman and managing director of Butterfly, launched the factory at Valuka under Kathali in Mymensingh.
The factory with a capacity of producing 1,000 refrigerators a day will come into operations in September next year.
The 60-bigha plant will employ 800 people and plans to export refrigerator with 'Made in Bangladesh' tag in future, said Mannan.