Sapphire Fibres to boost U.S. operations with additional $2.5m investment
MG News | October 30, 2025 at 09:48 AM GMT+05:00
October 30, 2025 (MLN): Sapphire Fibres Limited (PSX: SFL) is planning to make an additional equity investment of up to $2.5 million in its wholly owned U.S. subsidiary, Sapphire USA, LLC, the Company's filing on PSX revealed today.
This came on top of the $5 million already invested earlier, as part of the company’s ongoing strategy to expand its footprint in the United States.
The move is aimed at strengthening Sapphire Fibres’ presence in the competitive U.S. market, enhancing profitability, and fostering closer engagement with key customers.
By increasing its investment, the company hopes to secure better market access and capitalize on growth opportunities in North America.
This strategic step indicates Sapphire Fibres Limited’s commitment to international expansion and its focus on leveraging its U.S. subsidiary to drive long-term growth and shareholder value.
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