Fujian Haihua Textile Co., ltd has just initiated a new program planning to invest 170 million RMB to introduce 60,000 spindles and 30 new circular knitting machines with cylinder and dial. Haihua Textile Co., ltd currently possesses 20 thousand spindles and 12 circular knitting machines. It is reported that four above-scale textile companies in Changting county are blueprinting to enlarge their current capacity with an estimated investment over 453 million RMB. Fujiang Hongcheng Textile plans to invest 120 million RMB on a new factory covering eight thousand square meters and introduce 50 thousand spindles, 20 circular knitting machines and 10 sets of Oerlikon schlafhorst automatic winding machines. Fujian Huaping Textile plans to invest 150 million RMB to purchase new equipments and install another 80 thousand spindles manufacturing line. Famous Anta Corporation plans to invest 13 million RMB to enlarge their manufacturing capacity.

Source: China Textile Leader