RG to setup new green facilities
Bangladesh: Renaissance Group (RG), a vertically-integrated US $ 200 million apparel manufacturing enterprise based in Bangladesh, is majorly producing sweaters…
Bangladesh: Renaissance Group (RG), a vertically-integrated US $ 200 million apparel manufacturing enterprise based in Bangladesh, is majorly producing sweaters and shirts under 6 different group companies employing 22,000 workers. The Group is in the process of setting up two green facilities for cut and sew knits, shirts and blouses as part of its expansion plan.
One of the green factories, named Renaissance Barind Ltd. will has 36 production lines in three different production floors of 1,20,000 sq. feet each; moreover, Lean is expected to be introduced at the facility. This facility is anticipated to be operational by the mid of 2017, accounting for US $ 40 million turnover. Furthermore, the company also has plans under way for the second green unit; to be operational by next year.
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