Business Update7 Aug 2024, 07:25 pm
Welspun Living Ltd Commences Commercial Production at Ohio Pillow Manufacturing Unit
AI Summary
Welspun Living Ltd has announced the commencement of commercial production at its pillow manufacturing unit in Ohio, USA. The company had earlier approved a capital expenditure of US $12.5 million for setting up a fully automated pillow manufacturing unit. The unit, operated by subsidiary Welspun USA Inc., is expected to expand the product category in the Home textile segment business in the USA.
Key Highlights
- Welspun Living Ltd has started commercial production at its Ohio pillow manufacturing unit.
- The company had earlier approved a capital expenditure of US $12.5 million for the unit.
- The fully automated unit is expected to expand the Home textile segment business in the USA.
- The unit is operated by Welspun USA Inc., a subsidiary of Welspun Living Ltd.