Xinfeng to invest in spinning & knitting plant in China
13 Apr '10
1 min read
Hong Kong based, Xinfeng Group and China based, Fujian Tianlun Group are planning to invest 528 million Yuan (US $77.3 million) to set up a spinning and knitting unit.
The spinning plant will be a 100,000 spindles compact spinning project and the knitting, dyeing and finishing production line will have a capacity of 50,000 tons per annum.
This fully integrated project will be set up at Anyang in Henan Province, China and is expected to promote and boost the technology competence of Anyang textile industry.
Fibre2fashion News Desk
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