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UK’s Next Manufacturing to Close Katunayake Factory Amid High Costs | Manufacturing News Sri Lanka

Summary by Apparel Resources
UK’s Next Manufacturing, a subsidiary of the UK-based Next Group, announced the shutdown of its loss-making Katunayake plant due to high operating expenses. Two other local facilities will remain operational but with a reduced workforce. David Reay, Director of Next Manufacturing, elucidated that after grueling every alternative, they came to the conclusion that the Katunayake […] The post UK’s Next Manufacturing to close Katunayake factory amid…

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EconomyNext broke the news in on Thursday, May 22, 2025.
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