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Korean textile company creates plant with 2,500 new jobs in Nicaragua

Thursday, September 9, 2010


Istmo Textil Nicaragua, a Korean-owned company, has shrugged off the aftermath of the world economic crisis by opening 2,500 new jobs for textile workers with a $3 million investment.

The investment was made as an extension to the company’s original plant.

The extension was inaugurated by President Daniel Ortega. The new jobs will double the company’s workforce.

Original source (in Spanish): La Prensa