Carrington Workwear, the largest workwear fabric supplier of UK, has formed a joint venture with Portuguese textile manufacturer TMG – Acabamentos Texteis SA. This partnership is said to enhance Carrington’s management and technical expertise; and TMG’s local infrastructure and support network.
The new company named, MGC – Acabamentos Têxteis SA, will manufacture 18 million metres of fabric per year in Portugal, expanding Carrington’s current production capacity in Europe to more than 50 million metres.
John Vareldzis, Managing Director, Carrington, said, “TMG is an obvious choice of partner for us given its long textile tradition, our excellent relationship and history of working together. Although we had been evaluating the possibility of cementing our relationship with TMG for some time, the UK’s decision to leave the EU (Brexit) has now made this move strategically advantageous for the future.”
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It may be mentioned here that Carrington has taken the step to expand its European production capacity as part of a wider investment strategy. This will also see a £ 10 million investment in a new research and development laboratory, machinery and infrastructure, at its Pincroft production facility in Lancashire, UK, over the next two years.
Manuel Gonçalves, Executive Board Director, TMG, stated, “This partnership is the culmination of more than 15 years of working closely with Carrington,” adding, “The input from Carrington, their expertise and experience, will also provide a major boost in the development and production of future products. It is a decision that will benefit everybody concerned.”
