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Yarn Manufacturing Complex to Be Built in Honduras
Friday 11th of May 2007 03:06:24 AM
Two apparel manufactures, The Wellstone Group and Grupo Karim’s, will be building a new yarn complex in Honduras in the next few months. Producing yarn made from 100% cotton will provide jobs in the region and also supply many clothing manufactures in Central America. “Grupo Karim’s and Wellstone Group have jointly served the growing Central American customer base through its existing exclusive distribution arrangement. The formation of this Joint Venture is a logical outgrowth of that successful relationship. A yarn manufacturing complex located in Honduras will allow us to serve our growing customer base in a more timely and efficient manor.”The Wellstone Group, which is located in South Carolina, USA, has three divisions that manufacture cotton and blended yarns, non-woven textiles, and commerical and military uniforms. Grupo Karim’s is a clothing manufacturer and chemical manufacturer. They have plants in many areas including Honduras, Mexico, and the USA.
Construction will take a few months, but the new plant should be operational by the end of the year. Building a new plant in Honduras will allow The Wellstone Group to supply clothing manufacturers in the region with materials they need in a more efficient manner. This should help the group be able to expand their presence in Honduras and other areas.
(c)Daniel Duchon, www.sxc.hu
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