Interesting globalization fa****on stuff
"> UK RMG dyeing firm chooses Mymensingh over China
> Sarwar A Chowdhury
>
>
>
> Machinery installed at SQ Stevensons Chroma Ltd. The joint
> venture will go into commercial production on Wednesday with a capacity
to
> dye 6 million pieces of knitwear per year.
> An UK-based garment dyeing company abandoned its plans to relocate
a
> plant to China, instead building it in Bangladesh, attracted by the
lower
> costs and well developed garment industry.
>
> Stevensons ****fted the plant from the UK to Bhaluka in Mymensingh,
> following an invitation from the SQ Group, a leading sweater
manufacturer
> in
> Bangladesh.
>
> The new joint venture, SQ Stevensons Chroma Limited, established on
a
> 34,000 square feet area in SQ Group's Supply Chain City in Mymensingh,
> will
> go into commercial production on Wednesday with a capacity to dye 6
> million
> pieces of knitwear per year.