SWITZERLAND: Textile Company Unveils Investment Plans
Leading Swiss-based textile firm, Tuellindustrie, on Thursday revealed it plans to invest around $1.8 million in new state-of-the-art machinery and equipment this year. The company, which employs 155 people at its factory in canton Thurgovia and a further 75 at its UK subsidiary, said the proposed investment follows the expansion of its manufacturing activities.
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