Biography Of Milad Millet (Age , Net Worth , Wife) - Millet Textile Corporation Limited was formed in 1958 by Milad Millet, a Ghanaian of Lebanese heritage.
Milad Millet
Towels were initially manufactured by the firm. The company changed its name to Spintex Limited in the early 1980s and evolved into an integrated textile company that produced high-quality textiles for the Ghanaian and wider African markets. Spintex, on the other hand, faced stiff competition as a result of the flood of secondhand garments from Ghana.
This was due to the liberalization of the Ghanaian economy under the International Monetary Fund and World Bank’s Structural Adjustment Reform Programme, which resulted in the removal of import restrictions. Locally made textiles were unable to compete with low-cost secondhand garments. In 1997, the name of the corporation was changed to Printex.
Printex’s fine print fabric goods are exported to Ivory Coast, Mali, Nigeria, Benin, Togo, Burkina Faso, Gambia, Niger, Angola, South Africa, and Zambia. As a result of the inflow of inexpensive (and pirated) imports, Printex is currently operating at just 60% of full capacity. The firm provides around 20 distinct print collections.
Aquafresh, another family-owned business, employs roughly 100 employees and was founded in 1994 as a limited liability corporation.
Aquafresh began operations with the release of a product named Fruity. Kalyppo (apple, fruit mix, orange, citrus, passion, oranpine, pineapple,guava, and strawberry flavors), Milko (chocolate flavor), Juicee (cocktail, orange, citrus, and pineapple flavors), Fruity (cocktail, orange, citrus punch, and pineapple flavors), and Frutelli (cocktail, orange, mango, citrus splash, and orange/pineapple flavors) are currently available from Aquafresh.
The firm markets in two ways: directly to bulk purchasers and via its 100 distributors around the country. Burkina Faso, Togo, Benin, Mali, Niger, Ivory Coast, and Senegal get 15-20% of Aquafresh’s output. With the exception of Senegal, where the items are shipped by sea, all deliveries are made by road.
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