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Gildan to Build Major Bangladesh Facility to Serve $500 Million Market

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While sales and earnings were down in the first quarter, Gildan Activewear said its overall business is strong and production capacity is expanding. In a Nutshell: Gildan Activewear announced completion of a sizeable land purchase in Bangladesh for approximately $45 million as part of major Asian capacity expansion initiative to develop large-scale vertically integrated manufacturing…

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