Chloe Shakesby

Yorkshire development firm invests in Chinese manufacturing site to drive "rapid expansion"

A Yorkshire development consultancy has announced that it has invested in new manufacturing premises in China as it continues its “rapid expansion” in the area.

Pegasus Group, based in Leeds, has invested in a new “state-of-the-art” towelling manufacturing site in Nantong, in the Chinese province of Jiangsu.

The investment is part of Pegasus’ expansion programme, working with laundries and hotels through its Pegasus Textiles division.

Ivan Zhou, CEO of Pegasus Group, commented: “These magnificent new manufacturing premises will be a game-changer for us.

“We are establishing ourselves as a major player in the UK homeware market and our Nantong factory will provide the capacity and the expertise to enable us to achieve this aim.

“These are exciting times for Pegasus, as we meet the challenges and take the opportunities presented in a post-pandemic world.

“We are looking to build on our reputation for being both a trusted partner and an innovative company, focused on meeting the needs of our customers, swiftly and effectively.

“The quality of the textiles we are using, combined with the very latest manufacturing techniques and machinery, ensures that the products created are amongst the finest of their kind in the world.

“These products include the very best towels, linen, bath robes and bath mats. They set a gold standard, meeting the strict demands of the hospitality and laundry industries.”

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