Hanung Prepares New Factory
March 26, 2007,
Hanung Toys & Textiles Ltd. has embarked on a large-scale program that will expand its weaving, processing and sewing capacities.
The manufacturer is investing $35 million in a new greenfield project about 160 miles west of Delhi. The new plant, on a 25-acre parcel, will be equipped with the latest machinery from Japan, Switzerland, and Germany, according to Hanung. To meet sustainability standards, all manufacturing wastes will be recycled, the company said.
The new sewing component should come on line by the end of April; weaving and processing are scheduled to begin producing in the second half of the year. The facility will primarily be used to produce adult, juvenile and infant bedding, as well as window panels and dec pillows. Other products will continue to be produced in current facilities.
In the United States, Hanung sells to the mass market, specialty stores and department stores, with a concentration on the moderate segment. The company also sells into Canada, Mexico, Europe, Australia, New Zealand, South America, and Far East Asia.
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