Lakeland Ind shifts Celaya production to Jerez for better costs
07 May '07
1 min read
Lakeland Industries Inc. has announced its plans to open new and larger production facility in Jerez, Mexico simultaneously with the closure of its Celaya facility.
US-based Company decided to shut down the Celaya plant to cut down production cost and will take pre-tax charge of around US $506,000 in the first quarter.
Jerez offers better labour, rent and transport prices and the company expects to reduce expenses by nearly $500,000 each year.
The Jerez factory is scheduled to be operational by August 2007.
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