# Envoy Textiles to invest $11.2 million in denim yarn spinning unit in Mymensingh

Envoy Textiles Ltd. will invest €10.8 million ($11.2 million) to install a second denim yarn spinning unit at its plant in Bhaluka, Mymensingh, Bangladesh. The unit will have an annual yarn production capacity of 3,600 tons, primarily for in-house denim fabric manufacturing.

- Type: Expansion
- Announced: 2022-12-12
- Where: Bhaluka, Mymensingh, Bangladesh
- Value: $11.2M
- Status: announced
- Capacity: 3,600 tons per year denim yarn
- Products: denim yarn, blended yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Envoy Textiles](https://endata.com/companies/67122.md)
- [Asian Development Bank](https://endata.com/companies/28212.md) (investor)

## Sources

- [textiletoday.com.bd](https://textiletoday.com.bd/envoy-textiles-invest-11mn-denim-yarn-unit), 2022-12-12: "The new denim yarn spinning unit will be equipped with the most up-to-date spinning gear – which will increase denim yarn and all types of innovative blended yarn production capacity."

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