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World class yarn operation by UTEXA

Related Keywords: $73 million man-made yarn company, advanced man-made yarn production facilities in the world, man-made fiber spinning plant, raw material input costs, sourcing and merchandising, textile and apparel sector, textile production facilities, trends and changing consumer values, world class yarn operation

Honduras-based UTEXA is a new $73 million man-made yarn company that began operations in 2018. Founded with the goal of bringing enhanced competitiveness to the Central America Free Trade Agreement (CAFTA-DR) region, UTEXA was made possible through the combined vision and efforts of its investors, market opportunities and the Honduras 2020 country development program, a private sector initiative complemented by the public sector that was developed to grow the country both socially and economically.

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