Factories in Honduras Closing
It has been announced that three factories in Honduras, located in the north of the country, will close operations. Jockey Buffalo will cease operations no later than December.
maquilas
Manufacturing Industry in Honduras Losing Business
Honduras’s textile industry lost 12 textile mills and 8,100 jobs last year as the industry began shifting its operations to nearby El Salvador, a spokesman for leading Honduran maquila association Camtex has confirmed to just-style. “We are very worried,” he said. “We are losing a lot of competitiveness, especially with El Salvador and Nicaragua, which […]