Fabrics: Company Closes in Nicaragua

The American Aalfs Uno, which operated in the municipality of Sébaco, in Matagalpa, closed its operations in the country due to a reduction in the number of contracts.

Thursday, January 23, 2020

The closure of the company was made official by directors of the Nicaraguan Association of Textiles and Apparel Industry (Anitec), who say it is the first company in the U.S. capital sector to close in the country.

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Dean Garcia, executive director of Anitec, told Laprensa.com.ni that "... They had been in the process of closing since last year, they began to liquidate the personnel according to the legal procedures, that factory had around 300 workers, this is the first of North American capital that we have notified and it is not effectively due to the political crisis of the country, but to a problem of reduction of contracts."

Regarding the closure of other companies in the sector, Garcia said that for the time being it is not known that another textile company is in the process of closing down.

Aalfs Uno was dedicated to making denim pants and jackets, for brands in the United States such as Levis, GAP and JC Penny, according to information on their website.








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