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.