Sinobangla Industries Ltd. announced procurement of capital machineries to increase production capacity. The Company has informed that the Board of Directors, among others, has taken the decision to increase its production capacity by about 150 MT per month. To achieve additional production, the Board has decided to procure a few capital machineries; which are as follows: Looms: 20 Sets, Needle Loom: 6 Sets, Sewing Machine: 35 Sets, Twisting Machine, Bale Press, Air Wash Machine, Loop Cutting Machine, Liner Shaping Machine, Baffle Punching Machine: 1 set each, Evaporate Air Cooling System: 1 unit. Fabric Cutting Machine and Shrink Wrapping Machine: 2 sets each. Besides the above equipment, a few other ancillary equipment/accessories would also be produced and investment would be made for upgrading two floors of the factory to the level of Clean Room Facilities. Total estimated cost of the expansion would be about Tk. 150.00 million which will be financed partially from internal cash source and partially from Bank Loan.