Having a clear understanding of the garment manufacturing industry in Honduras can help you to make your investment decisions more effectively. The following list of garment manufacturing companies in Honduras should give you a good idea of the types of businesses that are available in the country. It will also help you to see where the industry is going and whether there is any opportunity for you to get involved.
CUTH, one of the top garment manufacturing companies in Honduras, is a collaboration of two principal labor federations. Its membership comprises local and foreign-based suppliers.
The apparel industry is the leading hard currency earning sector in Central America. It employs over 1.07 million people and indirectly provides jobs for more than 535,000. In addition, its exports account for the largest share of Honduras’ export revenue.
The Honduran garment supply chain has been undergoing significant consolidation over the past three years. The main reason is the growing presence of Asian-owned export assembly firms operating in free zones along the Caribbean coast. These firms have become an increasing threat to the local small manufacturing firms. These firms, which have historically operated as artisans, have been unable to compete with the Asian-owned companies.
The government of Honduras is working towards the development of a more competitive garment industry by implementing export-driven policies. These measures are designed to improve the climate for manufacturing investment and to stimulate the growth of the economy. These measures include the 1987 Export Processing Zone Law and the 1992 Investment Law.
A new plan has been developed to expand the textile industry and create 200,000 new textile jobs by the year 2020. However, the Honduran garment manufacturing sector has not yet developed beyond simple textile processing. It is also a victim of a migration crisis.
During the 1980s, the Honduran garment industry grew rapidly. The country emerged as a major apparel exporter to the United States. In 2002, Honduras exported $2.4 billion in apparel. It was the third largest exporter to the U.S. In 1999, Honduras led 24 CBI nations in exports. The apparel industry in Central America is considered the largest hard currency earning industry. The industry employs approximately 1.07 million people.
The country has a large port, Puerto Corts, which handles 98 percent of its exports. This port is the main gateway to the U.S. market.
The government of Honduras has launched a National Competitiveness Program. This aggressive promotional campaign seeks to attract investment and boost Honduran companies’ competitiveness. The program is part of a larger program to promote Honduran exports.
The apparel industry in Honduras has grown considerably in the past three years. Many foreign-based suppliers have entered the Honduran market. These companies include Fruit of the Loom, Sara Lee, and Hanes. Some of these partners have started manufacturing in Honduras.
The apparel industry in Honduras is a highly competitive environment. A variety of factors must be considered when making decisions about sourcing from Honduras. The industry’s supply chain has undergone significant consolidation in the past three years. Among the major challenges for Honduran manufacturers are a lack of pattern making expertise and product development services, a lack of cutting capacity, and financial resources that can support full-package production.
Fabex, one of the top garment manufacturing companies in Honduras, has a strong position in the apparel industry. Its presence in the industry is important because of its competitive advantages, such as proximity to the US market.
The Honduran textile industry is well developed and a strong part of the economy. The apparel industry contributes the largest share of manufacturing jobs in Honduras. It employs approximately 107,000 people. It also employs 535,000 indirectly.
The Honduran government is committed to improving conditions for the textile industry. Its policies focus on the social and environmental impact of the industry. It is working on a plan to double the value of Honduran apparel exports to $74 billion by 2020. It plans to build infrastructure, train more skilled workers, and fund renewable energy facilities. It will also develop a new logistics network.
The apparel industry in Honduras has experienced significant consolidation in the last three years. A large number of foreign-based suppliers have entered the Honduran market. Some companies have expanded their operations while others have shut down.
Honduran apparel manufacturers have made major investments in screen printing and embroidery operations. They are focusing on full-package sourcing. The apparel industry in Honduras has a natural advantage in being able to deliver goods in just a few days. Customers want to receive good quality at reasonable prices.
In addition to these advantages, Honduran textile plants are utilizing recycled fibers. In the first quarter of 2003, Honduran production reached 359.3 million square meters of equivalent value.
YTL is one of the top garment manufacturing companies in Honduras. They specialize in cut and sew clothing and t-shirts for the U.S. market. They have production facilities in Choloma, Honduras. Their manufacturing facility is equipped with an above-ground photovoltaic generator. The company recycles 15 million pounds of salt per year.
Their facilities have won approval from the U.S. Food and Drug Administration. The company is preparing to build a new textile plant to increase its capacity. They are expected to hire more workers once the expansion is completed.
The apparel and textile industry accounts for 7% of the Honduran GDP. The industry directly employs 107,000 workers and indirectly employs 535,000 people. It is a major contributor to the country’s exports. In the first quarter of 2003, Honduran exports grew 13.1 percent in volume and 24.4 percent in value.
Many foreign-based suppliers have begun manufacturing in Honduras in recent years. The Honduran government is working to promote the country as a premier textile and apparel destination. The country has developed an ambitious development plan aimed at strengthening the apparel industry. The plan includes significant infrastructure investment, tax incentives and legislation. It is expected to create 200,000 new textile jobs over the next five years.
Honduran manufacturers are sensitive to environmental issues, utilizing renewable energy sources and recycling water used in the fabric dyeing process. They have implemented twelve principles of the Worldwide Responsible Apparel Production program, sponsored by the American Apparel and Footwear Association.
Located in the heart of the Americas, Honduras is one of the largest apparel producers in the region. It is also the largest hard currency earning industry in Central America. However, the apparel industry faces many challenges.
The Honduran government is committed to innovation in the textile industry and to improving working conditions for its workers. It has launched an ambitious development plan. The “20/20” plan focuses on tax incentives and significant infrastructure investment. It seeks to create 200,000 new textile jobs over the next five years.
The government’s initiatives will contribute to the building of a highly skilled work force. Its environmental policies are aimed at lowering the impact of the industry on the environment. It has also invested heavily in technology to ensure the sustainability of the textile industry.
The Honduran apparel supply chain has undergone a dramatic consolidation in the past three years. In the first quarter of 2003, the production of Honduran apparel reached 359.3 million square meters equivalent. In the same period, exports increased by 13.1 percent in value. The country is now the third-largest foreign supplier to the United States.
The Honduran apparel industry’s major advantages are its proximity to the U.S. market, its location in the center of the Americas, and its skilled labor force. In addition, Honduras has a large port, Puerto Corts, which handles nearly all of its exports. These factors have reduced shipping costs.
6 Environmental and social issues
Whether you’re an entrepreneur considering investing in Honduras, or just a consumer interested in buying Honduran textiles, you’ll want to familiarize yourself with the environmental and social issues facing the country’s apparel industry. These are important to understand before you begin your business.
As a major player in the global textile and apparel industry, Honduras is pursuing an ambitious development plan that focuses on bolstering its textile sector. The plan involves significant infrastructure investment and a focus on tax incentives. In the coming years, Honduras hopes to create 200,000 new textile jobs.
The Honduran apparel sector has undergone significant consolidation in the past three years. Many foreign-based suppliers have established manufacturing operations in the country. These include Fruit of the Loom, which operates eight production plants in Honduras. Other manufacturers, such as Gildan, have also opened plants in the country.
A Toronto-based NGO, Maquila Solidarity Network (MSN), conducted an inquiry in 2003 to assess Honduran workers’ labour conditions. The report found that many garment workers had been fired for attempting to join a union.
In the early 2000s, Gildan unilaterally terminated a collective bargaining agreement with a workers’ union. The company did not consult with the union before closing the plant.
In addition to concerns about the working conditions of Honduran garment workers, a number of NGOs have reported issues with union freedom of association. Some companies have been fined for violations of labour laws, and others have been accused of discriminating against workers.
Henry Pham (Pham Quang Anh), CEO of DONY Garment
This year, we have found that many international buyers are seeking new suppliers based in nations outside of China and Thailand to purchase many goods and products, including uniforms, workwear, reusable cloth face mask, and protective clothing.
At DONY Garment, we are proud to welcome international customers, especially those based in the US, Canada, the Middle East, and the EU market to discover the professional production line at our factory in Vietnam.
We guarantee our products are of the highest quality, at an affordable cost, and easy to transport across the world.