# Nextil to open textile plant in Fraijanes, Guatemala

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).

- Type: New facility
- Announced: 2024-10-14
- Where: Fraijanes, Guatemala, Guatemala
- Value: $21.8M
- Starts operating: 16 Oct 2024
- Status: completed
- Capacity: EUR 30 million (USD 32.7 million) in first phase
- Products: elastic fabrics, apparel, underwear, sportswear, swimwear
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Nextil](https://endata.com/companies/35565.md)

## Sources

- [prensalibre.com](https://www.prensalibre.com/economia/nextil-invierte-us21-8-millones-para-la-planta-que-comenzara-operaciones-en-guatemala/), 2024-10-14: "La empresa española Nextil comenzará sus operaciones en Guatemala el próximo miércoles, inicialmente para atender el mercado de Estados Unidos."
- [prensalibre.com](https://www.prensalibre.com/economia/empresa-nextil-ampliara-su-capacidad-de-produccion-en-tres-fases-y-ya-opera-la-primera/), 2024-10-16: "Nextil proyecta un rápido crecimiento en el país, destacando que Nextil Elastic Fabrics es un proveedor mundial de telas elásticas de punto por urdimbre y circular."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.