GLOBAL REACH: The apparel maker expects to secure more orders from the US either by collaborating with local firms or setting up factories in Africa and Central America
Taipei Times
Date: Mar 02, 2018
By: Kuo Chia-erh / Staff reporter
Apparel maker Makalot Industrial Co (聚陽) is expanding capacity in Africa and Central
America to reach more brand customers, a company executive said yesterday.
“This year, we plan to outsource manufacturing to Lesotho through collaboration with some manufacturers there,” chairman Frank Chou (周理平) told a news conference in Taipei.
The company is also considering setting up its own plants in Africa, Chou said, adding that it would send a team to the continent to evaluate the possibility of further expanding its presence there.
Makalot expects to secure more orders from US clients through the expansion project, he said, citing lower labor costs and possibly zero tariffs due to some African nations’ trade agreements with the US. [FULL STORY]