Fuanna Home Textile 150 Million Yuan To Build Nanchong Production Base
Fuanna December 22, 2010 announcement, the company's wholly owned subsidiary, Nanchong fuanna recently Nao The Gaoping Municipal People's government signed the investment agreement to invest 150 million yuan in construction. production base Construction of household goods production workshop and supporting logistics warehouses, offices and staff rooms. The project is located in the western part of Nanchong airport industrial concentration area, with an area of about 200 mu. It is divided into three phases, all of which are self owned funds, and the total construction week is five years. The company said that after the implementation of the above agreements, it will further ease the tight production capacity of the company, speed up the strategic layout of the company in the national production base, make full use of the labor and resources advantages of the land, reduce the logistics cost, and ensure the sustained and stable development of the company. Market participants said that at present, the competition of textile brands in Southwest China is not fierce, and the cost of labor is lower than that in the eastern coastal areas. The company's move can boost market share in the southwest.
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