Hilanderia de Algodon Peruana (Hialpesa), the Peruvian cotton (thread and clothing) group, is looking to grow fast in time for the introduction of the free trade treaty with the US. It is building a new plant in Ate-Vitarte and has head-hunted Luz Huarcaya, former general director at Diseno y Color.
In the first nine months of 2007, exports for Hialpesa exceeded US$25mil, a rise of 37%. Meanwhile, Hilanderia del Sur is also investing in a bid to increase the use of its installed capacity by 20% to meet growing demand home and abroad.
Publication: SABI - Business News
Provider: South American Business Information
Date: March 16, 2008
3/17/08
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