STGT to Establish 4 New Factories, Targeting 100 Billion Pieces of Production by 2026
STGT will invest 11 billion baht to establish four new factories with a target of 100 billion pieces of production by 2026.
Ms. Jarinya Jirojkul, Chief Executive Officer of Sri Trang Gloves (Thailand) Public Company Limited (STGT), stated that the company is expecting to establish four more factories with a total investment of 11,000 million baht.
The company will establish two factories in Surat Thani, one in Songkhla and another one in Trang, which will ramp up STGT’s production capacity to 35,800 million pieces per year. Additionally, the company targeted to reach 100,000 million pieces of production capacity by 2026.