Cone Denim to exit China production, shift focus to Mexico platform
Cone Denim plans to close its Jiaxing facility in China and concentrate its denim production in Mexico, reflecting a strategic shift in response to market dynamics and customer needs. The company's president, Steve Maggard, stated that the decision, following a comprehensive review of its manufacturing footprint and the global denim landscape, aims to position Cone Denim for long-term competitiveness.
The Jiaxing plant, operational since 2007, produced denim fabrics in various weights and styles, including selvage. Despite its closure, Cone Denim assures customers, employees, suppliers, and local stakeholders of its commitment to maintaining relationships, transparency, and support during the transition. The company's Mexico operations will become the main hub for denim production, supporting global markets while preserving quality and service standards.
Elevate Textiles, Cone Denim's parent company, views this move as a strategic pivot to better compete and succeed in targeted markets.
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