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Jerash Holdings received approval to acquire a 184,000 sq ft manufacturing building and land in Amman, Jordan for $3.4 million, with plans to invest $5 million in renovations and equipment to increase capacity by at least 40% and employ up to 2,500 workers.
“This investment in our future reflects management's and our board's confidence in the strength of our business, our markets, and long-term growth outlook.”newswire.com
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