Jerash Holdings Acquires New Manufacturing Facility in Jordan for $3.4 Million

Reuters

Feb 05

Jerash Holdings Acquires New Manufacturing Facility in Jordan for $3.4 Million

Jerash Holdings (US) Inc. announced the acquisition of an approximately 184,000 square-foot manufacturing facility and associated land adjacent to its current operations in Amman, Jordan, for around $3.4 million. The company made a $0.6 million down payment, with the remaining $2.8 million financed by the Housing Bank for Trade and Finance over eight years. Jerash plans to invest an additional $5 million in renovations and equipment, aiming to increase production capacity by at least 40 percent.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jerash Holdings (US) Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1133862) on February 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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