Another Clothes Factory Closes in Honduras

The closure of another maquila center, due to low orders in the world market, means 500 people will be made unemployed.

Wednesday, February 8, 2012

Oscar Galeano, representing the Chamber of Commerce and Industry of Cortes (CCIC), lamented the closure of this maquila company in the previous week, due to the low level of purchase orders from abroad, reported Proceso Digital.

Galeano did not name the company.

"Meanwhile, the president of the CCIC, Luis Larach, confirmed that the decline in labor recruitment by the maquila companies corresponds to declining orders from abroad," noted Proceso Digital.

More on this topic

More Maquilas Close in Honduras

March 2012

The closure of operations of three other maquila companies is due to the 6% increase in the minimum wage agreed between government and labor unions.

Three U.S. maquila companies closed last month in Honduras, which means the loss of 4,000 jobs, said Evangelina Argueta of the General Confederation of Workers (CGT).

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.

Honduras: Textile Company "Jersey" Starts Operations

March 2010

Jersey, part of Fruit of the Loom group, will start operating this week.

It is located in the north of the country, and will generate 750 jobs.

“Jersey executives decided to open this facility in response to increased demand from the United States”, reported

Nicaraguan Free Trade Zones on the Decline

April 2009

The closing of textile companies in the Free Trade Zones in the last three years has led 28 thousand people to unemployment.

In 2006, 3 companies closed and laid off 1,401 employees. During 2007, 1,314 jobs were lost with the closing of 3 other maquilas.

During 2008, Nieng Hsing consortium closed in the first half of the year, laying off 14,527 workers.

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