J.K. Spinning Mills injects Rs2.3bn into manufacturing modernization

September 08, 2026 (MLN): J.K. Spinning Mills Limited (PSX: JKSM) has invested approximately Rs2.3 billion in the modernization and enhancement of its fabric processing and spinning divisions, aiming to improve operational efficiency, product quality, and competitiveness.

According to a material information notice issued to the Pakistan Stock Exchange (PSX) on Tuesday, the company has undertaken an investment of approximately Rs1.789bn for the enhancement and modernization of its Fabric Processing Unit.

The investment includes the installation of a Goller Complexa two-stage Bleaching Range with single-loop washing compartments, an 8-Chamber POSLU Stenter with a 3,400mm working width, and a biomass-fired step-grate thermal oil heater, along with related civil works and associated costs.

The company expects the modernization to improve the operational efficiency of its processing department while enhancing the quality and competitiveness of its products.

Separately, J.K. Spinning Mills has deployed Rs515.5m under its ongoing Balancing, Modernization and Replacement (BMR) program for its Spinning Division.

Under the BMR initiative, the company is expected to replace 16 LMW high-speed Ring Frame LRJ/SX machines, two sets of complete high-speed Toyota Simplex frames along with accessories, an Automatic Bale Plucker, and other related equipment.

The replacement of existing machinery is expected to improve operational efficiency, optimize the spinning process, and enhance yarn quality, the company said.

The combined investment of around Rs2.305bn forms part of the company's broader efforts to modernize its manufacturing facilities and strengthen production capabilities.

J.K. Spinning Mills said it has secured financing from banks under the Long Term Finance Facility (LTFF) scheme, while the requisite documentation and other formalities with the financing banks are currently being completed.

The company is headquartered at 29-KM Sheikhupura Road, Khurrianwala, Faisalabad.

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