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The new facility will be leased from a local developer and will be supplied with a combination of newly purchased equipment and existing equipment. Total capital expenditures are estimated to be between $35 million and $40 million, with funding to be provided by internal cash flow and, as required, existing credit facilities. The new facility will be approximately 700,000 square feet in size and will be vertically integrated, including: knitting, dying, cutting, sewing and distribution.
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- Companies:
- Alstyle Apparel
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