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Formosa Textil (NICA), S.A. was set up in Central America in 1999 in reaction to the growth in the outerwear industry.
Formosa Textil (NICA), S.A. was set up in Central America in 1999 in reaction to the growth in the outerwear industry.
This factory is primarily focused on exports to the United States.
This factory is primarily focused on exports to the United States.
We now have 30 production lines, employing 1,500 workers, with capacity of 200,000 pieces per month.
We now have 30 production lines, employing 1,500 workers, with capacity of 200,000 pieces per month.
FACTORY ROLE
Cutting / Sewing / Packing / Inspection
SPECIAL MACHINES TYPES
Pad Printing Machines
Laser Cutting Machines
Seam Sealing Machines
Auto Quilting Machines
FACILITY
Embroidery Room in House
WHY NICARAGUA
Duty-Free Trade Pacts
USA Market – CAFTA-DR: From April 2006, we have benefited from CAFTA-DR enabling goods manufactured in this factory to be exported duty free to the USA market if the materials are composed of goods from CAFTA countries or the materials are on the short supply list.
EU Market – EU-CAAA: The EU and the Central American region concluded a new Association Agreement, signed on 29 June 2012. This agreement enables duty saving directly if shell and lining fabric are originated from this region. Furthermore, for all "pants" styles, can use fabrics from worldwide but still enjoy duty free benefit.
Fast Transit into USA market
It takes only 6 shipping days to USA market.
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