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Hanesbrands Opens New Textiles Plant in El Salvador

Saturday 08th of September 2007 03:55:31 AM

Hanesbrands, the popular manufacturer of T-Shirts, hosiery, and undergarments for men and women, has announced their acquisition of a textiles plant in El Salvador. The company, which owns other plants in South America, will be using the plant to produce fabrics for T-Shirts, fleece, and other materials used in the construction of clothing, sees the acquisition as taking the steps needed to remain competitive and turn out quality products.

“Hanesbrands and its employees worldwide have accomplished many important improvement initiatives in the first year as an independent public company. Our ability to manage change has been critical to our success and will continue to be integral to our efforts to achieve our long-term growth goals. The addition of fabric production capacity in El Salvador is another significant milestone in our efforts to create a lower-cost supply chain operating fewer, larger plants that are more effectively aligned with our production flow. We already own sewing plants in El Salvador and elsewhere in Central America. We now have a textile and sewing base in Central America that gives us flexibility to expand and leverage our large scale of production,” said Hanesbrands Chief Executive Officer Richard A. Noll.

The plant, which is 350,000 square feet, was already producing these materials for Hanesbrands before the company agreed to purchase it. “This is an extremely strong operation with an outstanding management team and workforce who are already very familiar with our products and way of doing business. We are expanding in El Salvador as we create a balanced global supply chain and move production to lower-cost countries to remain competitive,” said Gerald Evans, Hanesbrands executive vice president and chief global supply chain officer.

(c)Rowe G, www.sxc.hu