# MAS Holdings expands TEXO facility in Thulihiriya

MAS Holdings laid the foundation stone for the expansion of the TEXO facility located inside the MAS Fabric Park in Thulihiriya, Sri Lanka, as part of its strategy to strengthen operations in the country.

- Type: Expansion
- Announced: 2022-11-04
- Where: MAS Fabric Park, Thulihiriya, Sri Lanka
- Status: announced
- Products: knitted fabrics, dyed fabrics, printed fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [MAS GmbH](https://endata.com/companies/16407.md)
- [TEXO Group](https://endata.com/companies/38990.md)
- [TEXO Group](https://endata.com/companies/38990.md) (partner)

## Sources

- [lankabusinessnews.com](https://www.lankabusinessnews.com/bam-knitting-rebrands-as-texo/), 2022-11-11: "The new venture further enhances MAS’ capabilities in the knitting, dyeing, and printing space for cotton fabrics and expands its backward vertical integration in the country."
- [businesscafe.lk](https://businesscafe.lk/business-news/fashion/11239-bam-knitting-rebrands-as-texo), 2022-11-14: "the Group CEO of MAS Holdings, Suren Fernando, also laid the foundation stone for the expansion of the TEXO facility located inside MAS’ Fabric Park in Thulihiriya."

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