Irving ties with Schweizer

2 May 2001

Irving Tanning, the US footwear leather tannery, who are represented in China by their own production unit, the Tan Tec Industrial Ltd in Guangzhou, have signed a contract with Louis Schweizer, Germany, for a close cooperation. This cooperation will be organised as an American/German joint venture company producing and marketing automotive leather in Guangzhou for China and the Asian world. Irving Asian Partners, a leading shoe leather tannery in Asia and a subsidiary of Irving Tanning USA, have established the joint venture with Schweizer Leather Germany. The new American/German joint venture is named Irving Schweizer Asia. Irving Tanning USA, with their global networking access, have been operating in China for the past five years with an increasing production capacity which recently rose to 23 million ft² per annum. Schweizer Leather are one of the best known traditional tanneries in Germany and were founded in 1867. They have a high international reputation in the field of upholstery leather covering both the automotive and furniture upholstery markets. In addition to the home market, the USA and Asia are the major outlets for top quality Schweizer leather. Irving Schweizer Asia, complementing expertise from both Irving and Schweizer, will continue producing shoe upper leather, as well as offering highly competitive upholstery leather items in accordance with the latest standards meeting with international leather specifications. The common target of Irving Schweizer Asia (USA) is to offer highly competitive upholstery leathers by utilising the favourable production structure in China. They plan to use Schweizer's know-how in making soft and supple upholstery leathers in accordance with the latest standards which meet with international leather specifications. Their mission statement is to provide: * The highest service level meeting the most consistent quality * Intense customer focus and orientation * Broad range of fashionable and classic items for the global leather market * Total quality management with environmentally responsible methods * Contribution to the economic and social well being of the community

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