Fibre2Fashion
Toggle navigation 17
Pic: Shutterstock Spanish textile firm Nextil Group will open a new fabric production plant in Guatemala, a country with a long tradition in textiles. The plant, with an area of 25,000 square metres, is expected to come on stream in Q1 2023. It will be located 30 minutes away from the city of Guatemala, with easy access to Atlantic and Pacific and the Pan-American road.
The plant’s geographical location will give Nextil Group access to the mass production market in competition with Asian suppliers, enabling it to obtain a return on items that are currently deficit, securing maximum efficiency in logistics and distribution, with preferential tariff arrangements, the company said in a media release.
Nextil commits to sustainability and efficiency with a new plant in Guatemala
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Nextil invests EUR 40 million in Guatemala
knittingindustry.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from knittingindustry.com Daily Mail and Mail on Sunday newspapers.
Nextil Group, One Of The Largest European Textile Groups, Commits To Sustainability And Efficiency With A New Plant In Guatemala
textileworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from textileworld.com Daily Mail and Mail on Sunday newspapers.