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Gildan Activewear announced plans to build a large vertically integrated manufacturing complex in Bangladesh, purchased land for USD 45 million. The multi-plant complex is expected to be operational by 2021 and support over USD 500 million in annual sales.
“The company believes the buildout of a large-scale manufacturing hub in south-east Asia will significantly enhance its positioning to service international markets and support other key sales growth drivers.”bd.apparelresources.com
Summarized from public sources; check the original articles before acting on it.