Salvadoran Textile Factories Adjust Costs

©image: Bob MacInnes

The president of the Textile Industry, Clothing and Free Trade Zones Chamber in El Salvado (Camtex), José Tobar, explained in an Elmundo.com.sv article that adding the energy increase to prices would mean a loss of competitiveness for the Salvadoran sector when compared to other countries.

The website published: "Before assessing a price increase as a first option, savings strategies such as ‘Lean Manufacturing' to eliminate waste, improve quality and time and lower production costs, as well as investments in better technology have been implemented."

Source: elmundo.com.sv

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