WEDNESDAY, JUNE 6, 1984
THE COMPANY, WHICH BEGAN OPERATIONS IN 1975, HAS IN THE PAST FOUR YEARS ESTABLISHED NEW PLANTS AND SUBSIDIARY FACTORIES IN CHINA, SRI LANKA, TAIWAN AND MACAU.
+SINCE THE COMPANY IS ALREADY ESTABLISHED OVERSEAS, ITS DECISION TO OPEN ITS NEWEST BRANCH FACTORY IN HONG KONG ASSUMES GREATER SIGNIFICANCE. THIS SHOWS A CLEAR PREFERENCE FOR HONG KONG AS A BASE FOR EXPANSION IN THE LIGHT OF ITS MANUFACTURING EXPERIENCE ELSEWHERE IN THE REGION, AND IN THE FACE OF SOME ALARMIST TALK ABOUT THE FUTURE OF HONG KONG,
+THIS IS NOT MERELY A SENTIMENTAL ATTACHMENT TO HONG KONG. IT IS A STRICTLY COMMERCIAL DECISION WHICH RECOGNISES THAT THIS IS SIMPLY THE BEST PLACE, TAKING ALL THE FACTORS INTO CONSIDERATION, TO LOCATE A MANUFACTURING FACILITY, MR YAXLEY SAID.
THE 3 717-SQUARE-METRE NEW PLANT IN TAI PO, MAKING SWEATERS AND KNITTED SHIRTS, IS THE FOURTH FACTORY OF LAWS FASHION IN HONG KONG. IT WILL EMPLOY SOME 600 WORKERS AT THE END OF THIS MONTH, INCREASING THE COMPANY'S TOTAL LOCAL WORKFORCE TO ABOUT 2 000.
+1 AM PLEASED TO ALSO NOTE THAT THE TAI PO FACTORY FORMS ONLY PART OF THE COMPANY'S PLANS FOR EXPANSION LOCALLY, AND WE MAY EXPECT TO HEAR OF MORE PRODUCTION SPACE BEING ACQUIRED IN THE NEAR FUTURE,+ MR YAXLEY REMARKED.
ALSO SPEAKING AT THE OPENING CEREMONY WAS THE CHAIRMAN OF THE LAWS FASHION, MR T.P. LAW.
HE SAID THAT THE DECISION TO EXPAND PRODUCTION FACILITIES WAS NEVER AN EASY ONE, BUT THE REASONS FOR CHOOSING HONG KONG FOR THE EXPANSION WERE SIMPLE.
+FIRSTLY, WE BELIEVE THAT FROM HERE WE CAN PROVIDE OUR CUSTOMERS WITH A BETTER PRODUCT AND BETTER SERVICE.
+SECONDLY, WE HAVE DEVELOPED A PROGRAMME OF EXPANSION AND DIVERS IF ICATION DESIGNED TO PUT OUR COMPANY IN THE FOREFRONT OF THE KNITTING AND GARMENT INDUSTRY, AND WHERE BETTER TO DO THAT THAN IN THE WORLD'S LARGEST CENTRE OF KNITWEAR AND APPAREL.
+THIRDLY AND PERHAPS MOST IMPORTANTLY, JUST AT THE PRESENT TIME, WE HAVE PUT OUR FACTORY HERE BECAUSE WE BELIEVE HONG KONG REMAINS, AND WILL CONTINUE TO BE, THE ONE PLACE WHERE ALL THE REQUIREMENTS OF THE SUCCESSFUL ENTREPRENEUR - WHETHER HE BE TRADEK, FINANCIER OR MANUFACTURER CAN BE FULLY MET, MR LAW STRESSED.
+WE SPEAK WITH SOME EXPERIENCE BECAUSE THE LAWS GROUP EMPLOYS NEARLY 8 000 PEOPLE WORLD-WIDE WITH FACTORIES IN CHINA AND SRI LANKA BESIDES HONG KONG, AND SALES OFFICES IN THE UNITED STATES.
+ BUT OUR PRINCIPAL FACTORIES ARE HERE. OUR INTERNATIONAL HEADQUARTERS IS HERE, WE PLAN NO MOVES TO BERMUDA, AND WE ARE CONFIDENT THAT WE SHALL CONTINUE TO PROSPER, + MR LAW SAID.
19`.......
No comments yet.
Private notes are available after approval.