WestPoint Home (WPH), a global marketer and manufacturer of home products, has announced an investment of $9 million in the third phase expansion of its manufacturing complex in Bahrain.
The announcement followed the recent meeting beween WPH senior officials and the Minister of Industry, Commerce and Tourism, Zayed R Alzayani. Officials from the American Chamber of Commerce Bahrain (AmCham) also were present.
The meeting also discussed how WPH will mitigate the impact of the potential expiration of the Tariff Preference Level (TPL) that allows duty free access for textile exports from Bahrain to the US.
“The third phase expansion project will increase spinning capacity by 38 per cent. Spinning more yarn in Bahrain will decrease lead times, increase flexibility and will, along with other initiatives help to mitigate the impact of the anticipated TPL expiration mid 2016 and will allow the company to continue to import Bahrain manufactured textile product into the USA duty free,” said Normand Savaria, president and CEO.
Under licensing agreements, the company produces and distributes products under the brands Rachel Ashwell, Southern Tide, Izod, Jill Rosenwald, Collier Campbell, Portico, Under the Canopy, Amy Sia, Bini Chic, Dena Home and Haute Girls, Downtown Abbey, Kathy Davis and Shell Rummel. – TradeArabia News Service