Textile Cone Denim Reopens in Nicaragua

During the course of the year, the U.S. textile company will restart operations in the country.

Thursday, January 6, 2011

The start-up would initially create 700 new jobs.

"The secretary of the National Free Zone Commission (CNZF), Alvaro Baltodano, and executive director of the Nicaraguan Association of Textiles and Apparel (Anitec), Dean Garcia, confirmed to the press that the reopening of the company is underway and will become official in the coming weeks,” according to an article at Laprensa.com.ni.

The company had requested the Ministry of Labor, in March 2009, a temporary closure for an initial 14 months.

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