TOP 4 TEXTILE FDI NEWS FROM 06-11 APRIL 2020

Posted On : Apr 11, 2020/Textile

The top four textile Foreign Investments news from 06-11 April 2020: The leading luxury apparel manufacturer Canada Goose Holdings announced its plans to rise up domestic production of personal protective equipment for frontline healthcare workers across Canada, Kingsdown a leading manufacturer of mattress announced that it is shifting its regular mattress production capabilities to manufacture beds for use in health care facilities, temporary health care outposts and treatment facilities to assist during the COVID-19 pandemic, The global automotive maker BMW will begin the production of face masks to help protect its own staff and the public against the spread of the new coronavirus. The company will be able to produce several hundred thousand masks per day, and The leading vehicle manufacturer Volkswagen Group has announced the production face shield holders by 3D printing. The products developed by Airbus will be used in Spain and will be flown from Hamburg to Madrid by Airbus. There are many other initiatives by Volkswagen Group brands to produce medical products and supplies.

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