Shoe components manufacturer Milspeed has now taken full ownership of its Milspeed Victory subsidiary in Vietnam.

The facility, based in Binh Duong province in the south of the Asian country, has been audited and approved by shoe brands and Milspeed will use it to deliver customised and customer-designed products such as toe puffs and counter materials to footwear manufacturers.

Milspeed explained that all manufacturing waste will be collected in the facility and returned to the company’s own recycling and manufacturing hub to support closed-loop manufacturing processes.

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