The works for expanding the industrial plant by 60,000 square foot will be carried out in two stages, with the first stage starting in December.
The president of the Nicaraguan Chamber of Construction, CNC, Mario Zelaya, told Elnuevodiario.com.ni, "The project will start with 30 million square feet first and then with the other 30 thousand in 2013. It will involve a total investment of $25 million. The first phase will involve $15 million and the second $10 million. The contract has already been signed."
About 800 workers will be hired to carry out the works . Once completed the expansion works will generate about 6,000 direct jobs, added the manager.
Source: elnuevodiario.com.ni
More on this topic
March 2012
The firm Hansae and a local partner will build new facilities for producing fabric in Niquinohomo, south of Managua, with capacity for 7,000 jobs.
A local company and the Korean textile firm, Hansae, will build on a total area of 70,000 m2 a new facility for a textile factory, which represents the extension of the Asian firm's investments in Nicaragua, said the president of Zona Franca SA Niquinohomo, Mario Zelaya.
February 2010
The Korean company inaugurated a new $1.5 million facility at Industrial Park Astro.
Featuring 7.000 square meters of space, the new facility employs 1.000 people.
From Elnuevodiario.com.ni: “EINS is part of Korean transnational group Senika S.A., which also includes SAE-A Tecnotex. From different parts of the world, they sell over $1 billion worth of products to the United States”.
September 2009
The Guatemalan clothing label manufacturer will invest $500.000 in machinery and equipment, and will hire an additional 50 to 80 employees.
This investment by 'Accesorios Textiles' (Actex), is geared to serve an agreement signed with textile company Denimatrix. For it, Actex will produce identification labels for Denimatrix's jean production.
October 2011
Cupid Nicaragua, the production company specializing in women's intimate apparel and sportswear in general, has announced the construction of three new industrial buildings.
From a press release from ProNicaragua:
Cupid Nicaragua, an American company specialized in the manufacture of intimate apparel for women and sports apparel in general has announced that it is currently investing up to $ 24 million in expanding its operations in Nicaragua through the construction of three new industrial buildings. Located in the Parque Industrial Las Palmeras, Carazo, the new facility will have a total area of 30,000 square meters and will employ approximately 2,700 people.
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