Jerash Holdings and NTX form joint venture for textile dyeing plant in Jordan

Jerash Holdings and NTX signed a definitive agreement to form a joint venture, Jerash Newtech (Hong Kong) Holdings Limited, to build a $30 million fabric facility in Jordan using NTX's waterless coloration technology. Construction is expected to begin in the first half of 2024.

“The joint venture represents a new vertical integration offering for Jerash's customers, as well as a new revenue source for Jerash.”newswire.com

• 1 source
• newswire.comJerash Holdings and NTX(R) Sign Agreement to Form Joint Venture Company for Vertical Integration | NewswireOct 12, 2023

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