Unifi signs letter of intent for joint venture in Guatemala

Unifi Inc. has signed a non-binding letter of intent to form a joint venture with the owners of Complast S.A. and Technologia Textil Avanzada in Guatemala. Unifi will own 51% of the JV, which will include bottle processing and polyester yarn manufacturing operations.

“Central America has been a region of focus for brands and retailers over the past few years, as apparel programs are sourced closer to the U.S.”textileworld.com

• 1 source
• textileworld.comUnifi Announces Plans For JV In Guatemala | Textile WorldJim BornemanSep 21, 2017

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