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Spanish textile manufacturer Nextil will begin operations at a new plant in Fraijanes, Guatemala, with an initial investment of EUR 20 million (about USD 21.8 million). The 12,000-square-meter facility will produce apparel for the US market, with a first-phase production capacity of EUR 30 million (about USD 32.7 million).
“La empresa española Nextil comenzará sus operaciones en Guatemala el próximo miércoles, inicialmente para atender el mercado de Estados Unidos.”prensalibre.com
Summarized from public sources; check the original articles before acting on it.