The Lycra Company says its new spandex plant in Ningxia Province, China highlights its strong commitment to developing local supply and distribution networks in the region while advancing smart manufacturing upgrades.
The Lycra Company’s CEO Gary Smith describes China as being strategically important, representing over 50% of the global apparel production market, and this partnership enables the company to optimise its product mix more broadly while meeting the increase in demand for quality spandex.
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He adds: “I would like to express my gratitude to the local authorities and all our partners for their support and commitment.”
The facility has a total investment of RMB800m ($112m) and is developed in partnership with The Lycra Company and the Yinchuan Financial Capital Investment Group.
In its initial phase, the plant will add 30,000t of spandex production capacity, generating an annual output of over RMB1bn and creating approximately 500 jobs capacity.
In future, it is expected to expand to 120,000t annually to address the growing demand for high-quality spandex across China and the Asia-Pacific region, while enabling faster, more flexible supply chain solutions.
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By GlobalDataThis facility is the company’s second in China and brings together its expert management teams and global R&D capabilities to establish a highly automated, intelligent production ecosystem.
Production at the Yinchuan facility is said to align with The Lycra Company’s sustainability framework, driving energy savings, reducing emissions, and advancing manufacturing processes to ensure that business growth and environmental responsibility remain inextricably linked.
