SAE-A TRADING EYES BUILDING HIGH-TECH PLANT FOR POLYESTER YARN IN GUATEMALA
June 1st, 2019
South Korea’s Sae-A Trading, one of the world’s largest apparel manufacturers and exporters, is considering building an estimated USD200 million high-tech industrial complex in Guatemala for making polyester yarns. Its goal - taking advantage of rising US demand for apparel made in Central America.
The investment is still “under review”, a spokesperson for the Seoul-based company told just-style by email. “We have not yet made our investment decision.”
In February, the Guatemalan ministry of economy said in a statement that the proposed complex ...
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