El Salvador: Textile Investments

The manufacturer of synthetic fabrics Pettenati plans to invest $13 million to increase its production capacity by 25%.

Tuesday, March 24, 2015

The textile company Pettenati has announced that it is completing the process of purchasing new equipment in order to increase its production capacity this year and meet growing demand which has been reported in recent years. This investment complements the recent expansion of its industrial plant located on the highway between San Salvador and Santa Ana.

Company president, Ricardo Pettenati, told Elsalvador.com that "... The company has been constantly investing since it started operations in 2008. This year we will have a slightly stronger impulse and we will be making an investment of between $12 million and $13 million. " "... Besides investing in infrastructure and equipment in El Salvador, Pettenati will also need to hire more staff. "

"... The company promotes fabrics with brand representatives and, once they are approved, its factory produces and sends goods to other manufacturing plants where the finished garments are made. Most of the fabric that Pettenati produces goes to clothing companies in El Salvador, but a small portion is exported. "

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