The Salvadoran government has attributed the closure of the plant to changes in the technical regulations applied by Mexico on imports of these products and the imposition of "discretionary criteria" by some authorities in that country.
From a statement issued by the Ministry of Economy of El Salvador:
The close of the Mexican company JUMEX is the result of trade measures taken by Mexico
The Mexican juice maker has announced the closure of its production due to a reorientation of investments at the regional level.
The company announced through a press release the closure of operations starting from February 26 in the Central American country, where it set up in 2009 and in which invested about $20 million. After closing the factory, the company will keep only the marketing and distribution of products in the country.
With an investment of $20 million, the juices and nectars production company officially inaugurated its first plant outside of Mexican territory.
Daniel Choto writes in an article published in Elsalvador.com: "The business, which is built in an area of 42 square meters, initiated its work starting in December of last year and already has generated 118 jobs at the national level and 313 in the region, including Panama and the Dominican Republic to where the product itself will be exported."
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