Fabrics: Factory Closes in Guatemala

After 20 years of operation, Modas B.I. Apparel, a company specialized in the manufacture of clothing, decided to close its doors due to the economic crisis caused by the outbreak of covid-19.

Friday, August 28, 2020

The company operated an industrial plant that employed 800 workers and was located at Kilometer 8 of the Atlantic Highway, in the jurisdiction of the Department of Guatemala.

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Modas B.I. Apparel manufactured high-end flat-knit products and was dedicated to the manufacture of T-shirts, shirts, pants, jackets, among other garments that were shipped to various stores in the United States.

Alejandro Ceballos, president of the Clothing and Textile Commission (Vestex), told Prensalibre.com that "... this is a hard blow to the industry from a company that had been operating in the Guatemalan market for more than 20 years."

Ceballos added that "... 'all the companies are going through a lot of difficulties, it is a closure of a high caliber factory, and they are adjusting the problem of the pandemic with the international buyers."

According to estimates from the textile sector, companies have decreased their sales by 15%, when compared to what was reported in 2019.

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