The company explained that its growth in Honduras could attract large companies seeking to repatriate their production to the American continent, in light of poor working conditions in Bangladesh exposed by the collapse that killed 400 workers.

Currently, Gildan supplies shirts for brands such as Nike, Reebok and Adidas following the acquisition of Anvil and expects to significantly expand that relationship and expand the provision of other products they manufacture.

The Administrative and Financial Director of Gildan Activewear, Laurence Sellyn, said the company is optimistic about the growth potential of the business.

Sellyn added that "the last thing that these brands want is to be compromised or affected by providers who do not have adequate working conditions."

Source: theprovince.com

More on this topic

16 Maquila Companies Emigrate from Honduras

December 2011

In the past two years, 16 maquila companies have left the country, leaving 10,000 people out of work.

The president of the Honduran Maquila Association (AHM) Daniel Facussé, addressed the issue at the time of the announcement of the closure of Adidas and Nike’s manufacturing plants in Honduras and transfer of operations to Nicaragua.

Canadian Businessmen Visit Honduras

August 2009

A delegation of textile industry businessmen will visit the country the next week.

One of the members of the delegation could be the company Gildan, who has shown interest in investing in a new textile factory in the country.

Benjamín Bográn, Industry and Commerce Secretary, told Elheraldo.hn: "...a Canadian company intends to invest $52 million in the country, generating new jobs...".

$200 million for Honduran maquila

September 2008

The Gildan firm which has been operating in Choloma, Cortes, for some 5 years now is expanding its activities and will generate some 4 thousand new jobs.

According to the maquila's representative on the Honduran Counsel of Private Companies (COHEP), Guillermo Matamoros, Gildan is one of the most serious companies in the world in this sector.

Gildan announces plans to construct a third textile facility in Honduras

May 2008

In its 2Q report Activewear Inc. also said it plans to construct a third textile facility in Honduras, to support its projected sales growth beyond 2009.

The capital cost of the new facility, which will be constructed in fiscal 2008 and fiscal 2009, is expected to be in the range of $100 million to $110 million, the majority of which will be incurred in fiscal 2009, the company said.