Complex Made Simple

Muscat Thread Mills eyes Bangladesh unit

Oman-based Muscat Thread Mills Co has unveiled plans to set up a manufacturing facility in Bangladesh, Muscat Daily has reported. The company, which manufactures and markets sewing thread, will set up the Bangladesh manufacturing unit of a similar size to its Muscat facility. "After due deliberation, the board has decided to go ahead with establishing a manufacturing facility in Bangladesh," the company. The board has commissioned an independent consultant to prepare a detailed feasibility study on this expansion, the firm added.