# Esquel Group invests 2 billion yuan in new shirt factory in Guilin

Esquel Group, the world's largest woven shirt maker, has invested 2 billion yuan in a new factory in Jiumeiqiao, Guilin, featuring automation and water treatment facilities. The first phase will be completed by mid-2017, creating over 2,000 jobs.

- Type: Investment
- Announced: 2016-12-16
- Where: Jiumeiqiao, Guilin, China
- Value: $290.0M (2.00B CNY)
- Jobs: 2,000
- Starts operating: Q3 2017
- Status: under construction
- Products: woven shirts
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Esquel Group](https://endata.com/companies/20795.md)

## Sources

- [scmp.com](https://www.scmp.com/business/companies/article/2055169/100m-shirts-and-counting-textile-maker-esquel-embraces-technology), 2016-12-16: "Esquel has invested 2 billion yuan (HK$2.34 billion) in a new factory in Jiumeiqiao, Guilin, where modern equipment is being used to reduce the cost of making clothing and shirts."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.