CHINA: Kingmaker's $250m Plan To Build European Business
Footwear firm, Kingmaker, has announced a $250m expansion plan over the next two to three years. The company, which makes top brands like Skechers, Timberland, Wolverine and Caterpillar, is setting up 11 new production lines. The company currently runs a total of 25 production lines - 17 in China, three in Macau and five in Vietnam, each capable of producing up to 600,000 pairs of shoes a year.
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