Maquila Closes Nicaraguan Operations

The closing of the Fusion S.A. maquila located in the Tipitapa zone is the third one in a month.

Wednesday, April 15, 2009

The company requested the Ministry of Labor for a temporary, 30-day closing. It originally operated with 400 employees and had already reduced its staff to 137.

Rafael Lara reported statements from Alberto Carlos Guadamuz, attorney for the Nicaraguan Center for Human Rights, CENIDH, to Elnuevodiario.com.ni: "The workers noted that they were earning a monthly salary of 4 thousand Cordobas in normal times. However, in recent months, they were only getting 2,150 Cordobas due to the drop in productivity, and it was not enough for family survival."

More on this topic

Another Clothes Factory Closes in Honduras

February 2012

The closure of another maquila center, due to low orders in the world market, means 500 people will be made unemployed.

Oscar Galeano, representing the Chamber of Commerce and Industry of Cortes (CCIC), lamented the closure of this maquila company in the previous week, due to the low level of purchase orders from abroad, reported Proceso Digital.

Costa Rica: 14% Less Jobs at Exporting Companies

September 2009

In July 2009, there were 57.000 less jobs at exporting companies when compared to the same period of 2008.

Data from the Exporter Census 2009, conducted by Trade Promotion Agency Procomer, states there are 351.767 people working in the sector.

"The census, conducted in July, surveyed 2.117 companies who sold more than $12.000 between 2008 and the first half of 2009", reported Elfinancierocr.com

Korean Maquila in Nicaragua Closes

April 2009

Yu Jin is the second textile company closing during the course of 2009 in Nicaragua, leaving at least 500 people unemployed.

Cone Denim textile from the US was the first textile company to formalize its closing when it requested a temporary, 14-month closing at the end of March due to the suspension of orders from United States. The closing sent 800 people to the ranks of the unemployed.

Salvadoran textile industry contracts

November 2008

They have already lost 4000 jobs in the textile industry, due to the reduction in purchase orders from the United States.

The Chamber of the Textile and Manufacturing Industry of El Salvador reported that the suspension of purchase orders is strongly affecting the sector. This has translated to job reduction.

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