Pearl River Holdings Limited has opened a new manufacturing facility in Cambodia to diversify production away from China. The facility, which primarily produces plastic coolers, is fully operational and owned 65% by the company and 35% by a local partner. This expansion aims to enhance operational capacity and market positioning.

Pearl River Holdings Limited has announced the inauguration of its new manufacturing facility located near Phnom Penh, Cambodia, which is now fully operational. This facility aims to address customer preferences for manufacturing alternatives to China and will predominantly focus on producing plastic coolers and various plastic items. The company maintains a 65% ownership in the Cambodian subsidiary, while the remaining 35% is held by a local partner. This strategic expansion is anticipated to bolster Pearl River’s operational capacity and enhance its market stance through diverse manufacturing locations.

In summary, Pearl River Holdings Limited has expanded its operations with a new facility in Cambodia to cater to the growing demand for manufacturing outside of China. By producing plastic coolers and other products, the company aims to strengthen its market presence and operational abilities. This expansion exemplifies its commitment to diversifying manufacturing locations and responding to customer needs.

Original Source: www.tipranks.com

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