Thursday, June 25, 2009

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first workshop of Chaco Polo Industries Textile Design Textile

Sunday, June 21, 2009 - Published in the print edition

Governor Jorge Capitanich left enabled Yesterday the first textile factory for making clothing that begins the implementation of the model of state assistance in local development investment in the textile industry value chain in the province.

Apparel & Services Company, Victor Moguilner and Edgardo A. Ivani, received yesterday on loan facilities designed model according to international industry standards, which were placed about 60 sewing machines, cutting and punching of art acquired in leasing business.
The company will train until January about 120 seamstresses as they pay minimum wage, to start production next January with the aim to provide foreign and domestic brands with which they seek production agreements.
The first plant was financed by the composition of a fund managed by Northern Trust, with a total investment of around 2.3 million pesos, of which $ 600,000 under the leasing of machines shipped.
workshop on empowerment model, Capitanich said the attempt to articulate this fund development and feeding, with the financial instruments presented this week at the Stock Exchange of Chaco and brokerage Chaco.SA New Bank to add private and institutional investors to the scheme enabled, so as to replicate the assistance in the development of new sweatshops point, preferably oriented to the production of denim garments, in order to close locally strategic specialization of local value chain.

original Note: http://www.diarionorte.com/noticia.php?numero=35535

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