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Eclat Textile plans to close its Chinese manufacturing base in Wuxi

Related Keywords: add two new Vietnamese facilities, apparel manufacturer, Chinese manufacturing base, continue presence in Vietnam, decides to completely close, deteriorating investment conditions, difficulty of finding employees, Eclat Textile, flexible knitwear fabric producer, surging wages, Taiwanese largest technology-based textile company

ECLAT Textile, Taiwan’s largest technology-based textile company, professional functional and flexible knitwear fabric producer and apparel manufacturer decides to completely close Chinese manufacturing base it has had since 1998, in the city of Wuxi, due to deteriorating investment conditions and surging wages.

Roger Lo, Eclat's vice president, said that over the past three years, their Chinese site has continued to lose money and they don't see any way to turn that situation around in the future.

Taiwan’s Eclat Textile to upgrade capacity of its two factories in Vietnam

Related Keywords: Eclat Textile, free trade pact, gain benefits from TPP, major Taiwanese technology-based textile company, plan to increase production capacity, supplies its products Nike and Adidas, two factories in Vietnam, under outsourcing contracts

Eclat Textile, major Taiwanese technology-based textile company, professional functional and flexible knitwear fabric producer and apparel manufacturer plans to increase its production capacity in Vietnam, to gain benefits from the Trans-Pacific Partnership free trade pact.

The company will invest $50.5 million to upgrade two factories of which $40 million will go to a factory in Ba Ria-Vung Tau Province and $10.5 million to a plant in Dong Nai province. Construction will start in early 2016.

The expanded capacity will top 5 million pieces of clothing per month.

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