Maksons Spinning Mills Ltd. is one of the pioneers in the spinning industry in Bangladesh which was incorporated on September 25, 2003. It has a capacity of 97,800 spindles with state-of-art machinery imported from the best global suppliers.
The company is producing quality yarn for export with an annual production capacity of 20.65 million kg. It usually produces 20/1 to 80/1 count of 100% cotton yarn, organic yarn, combed yarn and high quality compact yarn. The company achieved a turnover of Tk. 473.18 crores in FY 2018.
The management is willing to invest in improving the product quality and expanding of production by adding the latest devices. At the same time, its R&D team is working to develop new products.
Metro Spinning
Metro Spinning Ltd., part of the Maksons Group, is another key player in the spinning industry in Bangladesh. It has a capacity of 34,872 spindles with state-of-art machinery imported from leading global suppliers. The company is producing quality yarn for both the export and local markets with an annual production capacity of 4.50 million kg.
Metro usually produces 20/1 to 80/1 count of 100% cotton yarn, grey mélange yarn and 100% white viscose. It has earned name and fame for itself both in the local and export markets for its products and services.
La Muni Apparels
La Muni Apparels Ltd. is a modern and technologically developed project of denim and woven products, exporting to buyers all over the world. A sister concern of the Maksons Group, La Muni is fully equipped with state-of-the-art automatic and semi-automatic machineries. With a total project area of 80,025 sq. ft., the entire factory facility ensures that workers are motivated, energized and safe to deliver world-class products. Currently, the company is ensuring the livelihood of about 1,300 people who work together as a team to make the organization a success.
The sewing section of La Muni Apparels Ltd. comprises of various automatic and semi-automatic machineries. The production system can be categorized as an assembly process. All the products are assembled in this section in 7 different lines. The Quality Assurance Department oversees the entire process to ensure utmost efficiency.
The spinning sub-sector remains crucial to RMG value chain helping to stabilize the supply chain while controlling costs. Its products are cotton yarn, polyester, synthetic yarn, woollen yarn and blended yarn mixed of cotton and polyester of different counts (mostly up to 80 count). Yarns are being used by the weaving sub-sectors like specialized textiles, handlooms and knitting and hosiery. The growth in the export of clothing with the phasing out of MFA in 2005 has led to the setting up of 350 spinning mills and there has been a boost in investment since 2001.
The private sector spinning mills can now meet around 100% demand of yarn at the domestic level as well as 95% of demand for yarn for export-oriented knit fabrics mills. In addition, almost 85% of cotton yarns and 50% demand for synthetic and blended yarn of export-oriented fabric producing mills are being met by the private sector spinning mills.
Dr. Jamaluddin Ahmed, FCA, Chairman and Independent Director
Dr. Jamaluddin Ahmed is the Chairman of the company. He has completed his Honors graduation and post-graduation from the University of Dhaka, CA from the Institute of Chartered Accountants of Bangladesh (ICAB), and PhD from the Cardiff Business School under the University of Wales, UK.
He is the General Secretary of the Bangladesh Economic Association, former President of ICAB, Independent Director of Grameenphone Ltd., Power Grid Company of Bangladesh Ltd., and of Essential Drugs Co. Ltd. He is also Advisor to the Board of Audit Committee of Bangladesh Bank (Central Bank of Bangladesh), and the Chairman of Emerging Credit Rating Ltd.
Mohammad Ali Khokon, Managing Director
Mr. Mohammad Ali Khokon is the Managing Director of the company. Under his dynamic leadership the company has reached its present high status. He has become one of the business icons in the country within 32 years of his business experience through his outstanding leadership. He has visited many countries and is very well experienced in technology, production, marketing and management related to the textile industry. His outstanding leadership helps the company formulate strategic policies. He is also the Director of Asia Insurance Ltd., the textile business associations in the country have elected him President of the Bangladesh Textile Mills Association (BTMA).
He is also involved with many financial institutions, government regulatory bodies, international vendors, legal bodies, and other concerned departments.