- Consistent expansion of growth strategy with construction of new state-of-the-art plant
- Overall production capacity will be doubled to 72 million meters
- EUR 37.5 million of total investments planned for the new plant
- On schedule progress of capacity expansion to date
Firstextile AG (ISIN: DE000A1PG8V8) is vigorously pushing ahead its expansion plans to capture the opportunities in the growing shirts market. Its 100% subsidiary Jiangyin Firstextile Co., Ltd., held the ground-breaking ceremony for their new plant on 30th April 2013 in Jiangyin, Jiangsu, China. The new plant is located next to the current plant and will double the annual capacity
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