Yarn maker American & Efird to launch operations tomorrow
American & Efird Inc (A&E), one of the world's leading manufacturers of industrial sewing thread and yarn, will formally launch its Bangladesh operations tomorrow, says a press release.
Brandix Lanka Ltd, Sri Lanka's leading apparel exporter, and Brandot International Ltd, an investment firm that specialises in creating joint venture partnerships with apparel and textile companies, will partner A&E in launching its operations in the country.
Ashroff Omar, a leading apparel sector magnate of South Asia who is involved with Brandix, will formally inaugurate the operations of the new company, American & Efird (Bangladesh) Ltd, at Islampur in Gazipur.
Ashroff Omar and fellow director Aslam Omar will also meet the officials of Bangladesh Export Processing Zones Authority (Bepza) tomorrow to discuss the expansion plans of American & Efird in Karnaphuli EPZ in Chittagong.
American & Efird Bangladesh's growth plan in the country includes providing more employment opportunities and offering training to increase knowledge and skill levels in manufacturing sewing and embroidery thread.
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