Sunvim to increase exports to U.S.
Home & Textiles Today Staff -- Home Textiles Today, January 26, 2006
Shandong, China – Sunvim, the largest towel manufacturer in China, plans to boost its exports to the United States this year by leveraging its recently added bedding production facility.
Last year, 90% of the company’s exports were directed toward Japan, according to Wang Peifeng, general manager. This year, Japan’s share of exports will be reduced to 50%, with the United States market accounting for 30% of exports and the EU the remaining 20%, she said.
Overall, Sunvim plans to double global exports in 2006 to $200 million. Of that, roughly $20 million will consist of bedding, Wang said.
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