Related Keywords: boost textile sector, Costa Rica, create employment, Gildan Activeweav, launched operations, manufacturer of quality apparel, new yarn spinning plant, SAE-A spinning, Sae-A Trading co, subsidiary of South Korean company
SAE-A Spinning is a subsidiary of South Korean company Sae-A Trading Co., manufacturer of quality apparel launched operations of its new yarn spinning plant in the province of Cartago in Costa Rica with an initial investment of just over $35 million on Thursday.
The company’s CEO Woong-Ki Kim said that the new plant would create more opportunities for new and existing businesses here. The new Costa Rica plant employs 270 workers and produces cotton yarn for export, mainly to other countries in North and South America.