Case Study: HanesBrands achieves $1.5M in construction savings with Tractus

HanesBrands secures $1.5M in savings with Tractus

HanesBrands engaged Tractus to lower its manufacturing costs and restructure its Asia supply chain, which included selecting a new site for a major textile plant in China. The challenge was to navigate complex regulations within an Export Processing Zone (EPZ) to secure valuable VAT refunds on construction materials, a process complicated by concerns from other advisors and contractors.

Tractus developed and implemented a specialized mechanism to secure the VAT refunds without impacting other stakeholders. This solution, alongside effective negotiations with construction firms, resulted in substantial savings for HanesBrands. Tractus successfully secured $1 million in VAT refunds and an additional $500,000 in construction cost savings, totaling $1.5 million in savings for the project.

HanesBrands