TITLE

ITC and China Ting Plan Plant

PUB. DATE
December 2004
SOURCE
Home Textiles Today;12/13/2004, Vol. 26 Issue 15, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that International Textile Group (ITG) has entered into a joint venture with Hong Kong-based China Ting Group to build a dyeing and finishing plant in the Linping Industrial Area of Hangzhou, China. China Ting is a vertical manufacturer of textiles products. ITG currently has a sourcing arrangement with China Ting for top-of-bed fabrics. The new plant will be used for mattress tickings, furniture and top-of-bed fabrics. ITG also will build a warehouse and distribution center in the same complex to support its growing business initiatives in the region. The combined investment will be $20 million. The plant will operate under the Interior Fabrics division of ITG and is scheduled to be online by the end of 2005.
ACCESSION #
15347824

 

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