Fruit of the Loom Moves to Morocco
2004-10-27
US-based Fruit of the Loom announced plans to close both its plants in Ireland and transfer production to Morocco. In a statement, the company said Ireland was no longer a cost-effective base for its spinning, knitting and dyeing operations. The company blamed rising wage levels in Ireland, heavy discounting in the European clothes market, and the WTO's decision to overturn EU restrictions on textile imports from Asia. Fruit of the Loom has already shut down much of its US and Irish manufacturing base in favour of Morocco, where it employs 1,700 people. (www.textileweb.com)
This content was commissioned for Magharebia.com.
Loading
Email to a friend
Print version
We welcome your comments on Magharebia's articles.
It is our hope that you will use this forum to interact with other readers across the Maghreb. In order to keep this experience interesting, we ask you to follow the rules outlined in the comments policy. By submitting comments, you are consenting to these rules. While Magharebia.com encourages discussion on all subjects, including sensitive ones, the comments posted are solely the views of those submitting them. Magharebia.com does not necessarily endorse or agree with the ideas, views, or opinions voiced in these comments. This is a moderated forum. Comments deemed abusive, offensive, or those containing profanity may not be published.
Magharebia's Comments Policy