16 Maquila Companies Emigrate from Honduras

The president of the Honduran Maquila Association (AHM) Daniel Facussé, addressed the issue at the time of the announcement of the closure of Adidas and Nike’s manufacturing plants in Honduras and transfer of operations to Nicaragua.

"According to Facussé, Nicaragua and El Salvador are between 38 to 50 percent cheaper than Honduras", reported Proceso Digital.

The executive urged the government to create conditions for salaries and competitiveness in order to stop the migration of business to neighboring countries.

Source: proceso.hn

More on this topic

Migration of Honduran Companies Continues

September 2011

Faced with the loss of "competitive advantage" businessmen in the maquila industry are continuing to migrate their operations to Nicaragua.

Jesus Canahuate, director of the Honduran Maquila Association (AHM), said that since March a total of 21 companies in the textile and clothing industry have moved their operations to the neighbouring country.

Textiles Leave Honduras for Nicaragua

March 2011

Two new textile plants will begin operations this year in Nicaragua after closing operations in Honduras.

Once operating, these two plants will generate 2.000 new jobs in the Nicaraguan textile sector, as they aim to double their current capacity in Honduras.

While in Nicaragua the opening of these plants is cause for celebration, there are mixed feelings in Honduras.

Textile Company Matex Sets Up Shop in Honduras

February 2010

The textile and apparel “maquila” will be located in the “Zip Calpules” field, in San Pedro Sula.

María de los Angeles Posso, from the Labor Ministry, explained the company has already started recruiting personnel.

“Daniel Facussé, president of the Honduran Maquila Association, expects textile exports to increase 5% in the first half of the year, resulting in more job creation”, reported Laprensa.hn.

Honduran Maquilas Announce Layoffs

September 2011

Layoffs in the textile industry have been announced after projections of a 10% decline in its exports.

The industry is feeling the impact of the economic recession with a decline in orders from its main market, the U.S., said the president of the Honduran Maquila Association, Daniel Facussé.