Business
Jerash Holdings Maintains Uninterrupted Production for Global Brand Customers
FAIRFIELD, NJ / ACCESSWIRE / March 16, 2020 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the "Company" or "Jerash"), a producer of high-quality textile goods
About this update from Jerash Holdings (us), Inc.
[{"type":"text","content":"FAIRFIELD, NJ / ACCESSWIRE / March 16, 2020 / Jerash Holdings (US), Inc. (NASDAQ:JRSH) (the \"Company\" or \"Jerash\"), a producer of high-quality textile goods for leading global brands, today announced it is maintaining uninterrupted production while also taking steps to assure the safety of its workers in light of global COVID-19 virus concerns. The Company has minimal supply chain exposure to China for its raw materials, and orders continue to progress according to existing customer schedules.\"Jerash Holdings is maintaining its production schedule without interruption in order to ensure timely delivery to our customers while also taking additional steps to assure the safety of our workforce in light of the continuing concerns about the COVID-19 virus,\" said Samuel Choi, Chairman and CEO of Jerash Holdings. \"Additionally, while many producers may have been negatively impacted by the factory shutdowns and shipping halts throughout China this year, most of our raw materials come from other global markets and, as a result, we were minimally impacted, if at all. We continue to closely monitor the situation to ensure we are taking all appropriate steps to maintain the safety of our workforce as well as continue uninterrupted production for our global brand customers.\"Jerash recently announced the opening of its newest factory in Al Hasa, its fifth facility, which is approximately a 90-minute drive from Jerash's Amman facilities. The new factory expands Jerash's annual production capacity and will particularly emphasize employment and promotion opportunities for women from communities surrounding the factory. The factory was built in close coordination with the Jordanian government to promote employment of women and provide quality jobs in rural areas. Among the first orders produced were specially branded products for Jerash's customer The North Face as part of its celebration of International Women's Day 2020.About Jerash Holdings (US), Inc.Jerash Holdings (US), Inc. (NASDAQ:JRSH) is a manufacturer utilized by many well-known brands and retailers, such as Walmart, Costco, Hanes, Columbia, VF Corporation (which owns brands such as The North Face, Timberland, JanSport, etc.), and PVH Corp. (which owns brands such as Calvin Klein, Tommy Hilfiger, IZOD, etc.). Its production facilities comprise five factory units and three wareho...