Honduran Textiles Recover

The recovery of 18 thousand jobs and a 28% exports increase represents the balance for this year.

Wednesday, December 8, 2010

Textile entrepreneurs project a similar behavior for next year.

Latribuna.hn reports comments from the president of the Textile Association, Daniel Facussé, "The numbers are encouraging: to date exports are about 28 percent more than last year on products exported and about 20 percent more in dollar value".

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Honduran Textile Industry Recovers 11.000 Jobs

June 2010

In the first six months of the year, the Honduran textile industry has recovered 11.000 of the 30.000 jobs it lost since early 2008.

Daniel Facussé, president of the Honduran Maquila Association, explained that some 250.000 square meters were left unused after several companies closed operations. He remarked that the industry has already recovered 30%.

Positive Signals for Salvadoran Textile Industry

March 2010

Textile companies are optimistic: purchase orders have increased 10% and many jobs have been recovered.

Patricia Figueroa, head of the Salvadoran Textile Industry Chamber, explained that some companies are now investing as the market recovers.

“One of Fruit of the Loom’s production plants, closed last year, has reopened, and three new facilities from other companies have started operations.

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 Laprensa.hn.

Honduran Maquila Recovers Lost Jobs

August 2009

Industry spokespersons report 4.000 jobs recovered in the last few months.

The industry currently employs 110.000 people, said Gullermo Matamoros, representative of the Honduran Maquila Association.

According to Matamoros, "... some symptoms indicate that the U.S. economy's 'free fall' has stopped, a positive sign for increasing exports to this country", reported Tiempo.hn.

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