$18 Million Investment in El Salvador

Three textile companies and a cosmetics distributor will begin operations in the country before year-end.

Monday, November 30, 2009

Textile companies Apparel Production Services (APS), Supertex, Darlington Fabrics and cosmetics distributor Arabela Logistics will generate some 2.500 direct jobs, remarked Alexander Segovia, presidential secretary.

"The Government awaits the decision of 6 or 7 other companies before the end of the year", reported Elsalvador.com. "Even though he didn't disclose the name or activity of these aspiring companies, it was known that one of them makes synthetic fabrics".

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Textile Company Invests $23 Million in El Salvador

February 2010

A textile company will start operating from the country on March.

This was announced by Enrique Córdova, director of Proesa, the investment promotion agency of El Salvador.

"Córdova affirmed they are holding talks with other investors, and expect to land $150 million in foreign direct investment in 2010", reported Laprensagrafica.com.

Apparel Company Motex Will Operate From Honduras

February 2010

The Canadian textile company will start operating from Port Cortés Free Zone in March.

In its first phase, the “maquiladora” will generate 400 jobs.

“It will engage in reclassification and processing of classified clothing, for a minimum of 5 to 10 years”, reported Laprensahn.com.

Textile Companies Invest $31 Million in El Salvador

February 2010

In the second half of 2010, two textile and one logistics companies will set up shop in El Salvador.

They will be based in American Park, an industrial Free Zone.

“200 jobs have been created just in the construction of 13.500 square meters of industrial space”, reported Elsalvador.com.

Textile Company Matex Sets Up Shop in Honduras

February 2010

The textile and apparel “maquila” will be located in the “Zip Calpules” field, in San Pedro Sula.

María de los Angeles Posso, from the Labor Ministry, explained the company has already started recruiting personnel.

“Daniel Facussé, president of the Honduran Maquila Association, expects textile exports to increase 5% in the first half of the year, resulting in more job creation”, reported Laprensa.hn.

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