Sunvim to increase exports to U.S.

By Staff -- Home Textiles Today, 1/26/2006 11:57:00 AM

Shandong, China – Sunvim, the largest towel manufacturer in China, plans to boost its exports to the United States this year by leveraging its recently added bedding production facility.

Last year, 90% of the company’s exports were directed toward Japan, according to Wang Peifeng, general manager. This year, Japan’s share of exports will be reduced to 50%, with the United States market accounting for 30% of exports and the EU the remaining 20%, she said.

Overall, Sunvim plans to double global exports in 2006 to $200 million. Of that, roughly $20 million will consist of bedding, Wang said.