# JM Fabrics to invest Tk156.7 crore in expansion of seamless and yarn facilities

JM Fabrics Limited, a subsidiary of Malek Spinning Mills, will invest Tk156.7 crore to increase production capacity at its existing seamless, yarn texturising and covering facilities in Bangladesh. Capacity will rise from 5.29 crore to 5.49 crore pieces per annum.

- Type: Expansion
- Announced: 2023-10-10
- Where: Bangladesh, Bangladesh
- Status: announced
- Capacity: 5.49 crore pieces per annum
- Products: seamless garments, yarn texturising and covering
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [JM Fabrics Limited](https://endata.com/companies/73206.md)
- [Malek Spinning Mills](https://endata.com/companies/73207.md) (partner)

## Sources

- [tbsnews.net](https://www.tbsnews.net/economy/stocks/malek-spinnings-subsidiary-jm-fabrics-invest-tk157cr-business-expansion-716074), 2023-10-10: "The board of JM Fabrics has approved the company's expansion plan."

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