Textile Company Invests $21 Million in Nicaragua

“GD Maquilador de Nicaragua”, an apparel company owned by Mexican group Denim, opened its manufacturing facility today.

Thursday, February 4, 2010

It is located at Km 14.1 of the North Highway in Managua, and employs 800 workers. The company expects to increase its payroll to 3.000 by the end of the year.

Nicaraguan newspaper “La Prensa” explained that the company engages in washing, packing and shipping jeans, mostly for Wrangler.

More on this topic

Nicaragua: Reopening of ex Cone Denim Plant Confirmed

October 2013

With an investment of $35 million and under the name Pride Denim Mills the textile the plant will restart operations in early 2014.

The textile company, which was acquired by Grupo Karim’s de Honduras announced the creation of "600 jobs to produce about 28 million yards of denim a year, which is the production capacity of the plant," noted an article in Laprensa.com.ni.

Nicaragua: Textile Factory Reopening Delayed

August 2011

Negotiations between the government and representatives of Core Denim might not conclude until the end of the year.

Since January the possibility has existed that the US based company may reopen the plant which started operations in 2007, but was closed in March 2009.

New Holland Apparel expands in Nicaragua

October 2010

The apparel company expanded its facilities located in Zona Franca, Astro Nicaragua.

The company, which began operating in the country in 2006, currently employs 1,600 people.

Robert Neff, CEO of New Holland Apparel of Nicaragua, told El Nuevo Diario that "next year we will produce sportswear for a new client, Adidas / Reedbok."

Apparel Company Motex Will Operate From Honduras

February 2010

The Canadian textile company will start operating from Port Cortés Free Zone in March.

In its first phase, the “maquiladora” will generate 400 jobs.

“It will engage in reclassification and processing of classified clothing, for a minimum of 5 to 10 years”, reported Laprensahn.com.

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