Textile companies from Puebla, benefited by US excess demand

Puebla, Pue. José Miguel Brito García Teruel, president of the National Association of Textile Entrepreneurs, asserted that the factories in Puebla report an over-demand for product by USA that keeps them in operation in four shifts, a situation that would remain for at least a year, as long as the rising cost of containers in the neighboring country for companies from other parts of the world continues.

In an interview with El Economista, he highlighted that they have excellent growth and with the Free Trade Agreement between Mexico, United States Canada (T-MEC) “There are better opportunities to stay 100% active during 2022”, making it clear that they are fully operating.

In this context, he said that Puebla companies have an 80% chance of exporting raw materials to the American Union In this period of over-demand, however, only 50% have a record in the foreign market.

The leader explained that currently there is no productive sector that does not require textiles, from vehicle assembly plants to the field and agri-food industry.

He indicated that in 2020 during the pandemic of Covid-19, the textile sector operated in the red, but for the remainder of 2021 they foresee an economic recovery that will be reflected for next year in investments for new machinery and with better technology.

“The resumption of work has been intermittent, from the production of fibers such as cotton or synthetics to the supply of inputs, a situation that brings a shortage of containers,” he deepened.

Hiring

He explained that since the beginning of this year, the pace of work in the yarn and fabric factories has meant the hiring of base personnel to maintain operations 24 hours a day and, with that, respond to customers of USA, who are your main buyers.

However, he admitted that the lost places in the textile industry have not been fully recovered, which only in Puebla they were around 3,000, which could be covered in the following months with the rhythm they bring.

Brito García Teruel indicated that it will be up to each factory to take advantage of the opportunities generated by excess demand, as long as it remains limited to competition in international logistics.

He commented that the economic reactivation is already underway and will become more tangible throughout 2022 for the benefit of the textile industry.

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