Industrial thread maker Coats has increased capacity at its Hung Yen, Vietnam facility, making it one of the company’s largest manufacturing units.
The new development is an extension to Coats’ current site near Hanoi. It will enable dyeing and finishing operations to be increased by over 40% and also provides additional warehouse space.
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The site, which is already a leader in many of the internal manufacturing performance metrics of Coats, demonstrates the company’s recognition of the growing customer base in the north of Vietnam. Coats first opened a site in Hanoi in 1992 and relocated to the current Hung Yen location in 2006. It also has a manufacturing facility in Ho Chi Minh City.
The geographic location of Vietnam is an important part of the global footprint of Coats. It is a major hub in South East Asia for worldwide apparel sourcing. As Asia moves from being primarily a manufacturing base to also being one of the world’s largest consumer markets, including an increasing demand for high-end garments, the manufacturing output from its factories is increasing.
“This is an impressive development which will benefit all our key stakeholders,” says Rajiv Sharma, group chief executive, Coats. “Expanding our operations positions us even more strongly to meet the future needs of our customers in Vietnam, and beyond, as we work together to adapt and change in response to rapidly changing market demands.”
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Digital is a key pillar of the Coats strategy and Vietnam was an early adopter of Coats eComm, the industry leading customer tool to make thread ordering easier and faster. It manufactures many of Coats’ newest and most innovative products including EcoVerde, the first range of premium threads to be made from 100% recycled post-consumer recycled core spun thread. It also produces flagship thread ranges such as Epic as well as Performance Materials yarns.
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By GlobalDataThe opening of the new building follows the recent news Coats was named one of the best companies to work for in Vietnam by HR Asia.
