The Swiss-based Santex Group has signed a contract with Gain Lucky Ltd. of Vietnam at the beginning of 2015 for delivering six Santashrink drying machines. Santashrink is a perfect solution for shrinkage, relaxation and tensionless drying of tubular or open-width knitted fabric. Installation of the new machines is planned in batches until mid-July.
Gain Lucky is a wholly-owned subsidiary of Ningbo Shenzhou Group, a major producer of knitted fabric and clothes based in Ningbo, Zhejiang, China. In 2014 Santex provided four Santashrink drying machines to Gain Lucky during the first phase of the project. All machines are manufactured by Santex (Shanghai) Textile Machinery Co., Ltd., a wholly-owned subsidiary of the Santex Group. The company found its subsidiary in Shanghai in 2005 in order to provide Chinese customers with high quality textile machinery and local services.
There have been major investments in Southeast Asia during the recent years, especially in Vietnam and Cambodia with a few Chinese textile manufacturers setting up production plants in these countries. High quality, low maintenance costs and on time service are the most important criteria, when it comes to investment decisions. This has been the main reason for the Vietnamese manufacturer to choose machines from Santex.
Santex AG has subsidiaries in China and India which serve the most important markets in the world with Swiss engineered quality products.