Spain-based garment manufacturing group Nextil is set to open a new production facility in Guatemala. The company plans to invest €40m ($47.16m) in the plant and will initially hire 350 local employees. The 25,000m2 factory is scheduled to open in early 2023.

Investment

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In a world in which global supply are in a constant flux, the textile and apparel in Guatemala has been compete solely due to costs.

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The 32nd edition of the Apparel Sourcing Show (APSS) reaffirms this resilience. It is the only regional fair specialized in this industry and this year highlights the sustainability and innovation of the Guatemalan cluster.

CRN News

With a consolidated ecosystem in the textile industry , Guatemala competes and positions itself as a strategic supplier in the “big leagues” of the sports market. From uniforms to fan apparel, products reach the NBA, NHL and MLB.

Republic