24 Maquilas Close in Honduras

With the closing of enterprises during 2008 and so far in 2009, 20 thousand people were left unemployed.

Thursday, April 23, 2009

Most of the businesses operated in free trade zones or industrial parks. Currently, of the one million square meters available in the the 27 parks and free zones, 250 thousand (25%) are unoccupied.

In an article in Laprensahn.com, the president of the Honduran Maquila Association (AHM), Daniel Facussé, "was clear in saying that there are no new investments in sight right now because all the investors are waiting to see how the global economy improves before deciding whether to invest. "

More on this topic

16 Maquila Companies Emigrate from Honduras

December 2011

In the past two years, 16 maquila companies have left the country, leaving 10,000 people out of work.

The president of the Honduran Maquila Association (AHM) Daniel Facussé, addressed the issue at the time of the announcement of the closure of Adidas and Nike’s manufacturing plants in Honduras and transfer of operations to Nicaragua.

Honduran Maquilas Announce Layoffs

September 2011

Layoffs in the textile industry have been announced after projections of a 10% decline in its exports.

The industry is feeling the impact of the economic recession with a decline in orders from its main market, the U.S., said the president of the Honduran Maquila Association, Daniel Facussé.

Honduran Maquila Recovers Lost Jobs

August 2009

Industry spokespersons report 4.000 jobs recovered in the last few months.

The industry currently employs 110.000 people, said Gullermo Matamoros, representative of the Honduran Maquila Association.

According to Matamoros, "... some symptoms indicate that the U.S. economy's 'free fall' has stopped, a positive sign for increasing exports to this country", reported Tiempo.hn.

50,000 Maquila Jobs At Risk in Honduras

June 2009

The government and maquiladores are negotiating a rescue plan with the IDB to save some 50,000 jobs.

The program estimates that $4.5 million would soften the effects of the economic crisis, as was expressed by Guillermo Matamoros, director of the Honduran Association of Maquiladores (AHM).

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