Pan Brothers, Mitsubishi Joint Venture Project Still on Track

Pan Brothers, one of Indonesia's largest textile and apparel exporters, has clarified that its joint venture with Japanese conglomerate Mitsubishi for the construction of three garment factories was on track and expected to start production early next year. (B1 Photo/Muhammad Defrizal)

By : Dion Bisara | on 1:05 PM May 14, 2016
Category : Business, Corporate News

Jakarta. Pan Brothers, one of Indonesia's largest textile and apparel exporters, has clarified that its joint venture with Japanese conglomerate Mitsubishi for the construction of three garment factories was on track and expected to start production early next year.

The Jakarta Globe reported earlier that the Eco Smart Garment Indonesia joint venture had to delay the project, set for completion in the fourth quarter of 2016, as it needed more time to find suitable candidates to fill middle-management positions at the plants.

"The construction setback at Eco Smart Garment Indonesia was only for a short period and [the plants] will still be operational in the first half of 2017," Pan Brothers said in a statement sent to the Jakarta Globe on Friday (13/05).

Pan Brothers also said that it has been recruiting staff for middle-management positions since the beginning of the year, as part of the company's continuous regeneration program for future expansion.

"[They] are placed in various positions as part of on-the-job training in order to prepare them and introduce them to the corporate culture," the company said.

Pan Brothers said its total production capacity would increase to more than 100 million garments a year compared to 75 million last year, thanks to the expansion of existing plants and the addition of new plants in Ungaran and Demak in Central Java.

The company's new unit, Teodore Pan Garmindo, is scheduled to start production this year.

Global clothing brands such as Adidas, Calvin Klein, Hugo Boss, Nike and United Colors of Benetton are among Pan Brothers' clients.

Show More

 
MORE NEWS