Another textile firm closes in Costa Rica

March 12, 2013

Textile company BorKar announced on Tuesday the closing of its entire operation in Costa Rica, following the path of many other firms in the sector. In the past four years, thousands of textile jobs have disappeared in the country.

The firm’s owner, Michael Borg, told reporters that the last 300 employees of a company that once counted as many as 1,100 workers will be laid off on Tuesday.

A group of former employees started a new self-managed company, Coopetrajes del Poás, that will rent BorKar’s current facilities to move forward with a smaller operation.

This new closure follows that of Confecciones Jinete, a U.S. firm, which in January announced it would leave the country and eliminate 500 jobs.

During the worst period for textile companies here, in 2009, 10 companies closed. Since then, the trend has continued, with Cimer, manufacturer of Dockers and Levi’s, closing in 2010, and Compañía Textil Centroamericana in 2012.

The decline took a noticeable toll on textile exports, which dropped from $700 million in 2000 to some $200 million in 2012, according to official figures.

Facebook Comments

You may be interested

Costa Rica to begin administering HPV vaccine
Costa Rica
21 views
Costa Rica
21 views

Costa Rica to begin administering HPV vaccine

Alejandro Zúñiga - April 25, 2019

The Social Security System (CCSS) announced Wednesday that Costa Rica will begin administering the human papilloma virus (HPV) vaccine as…

Costa Rica approves law against child abuse prepared by alleged victims of priest
Costa Rica
11 views
Costa Rica
11 views

Costa Rica approves law against child abuse prepared by alleged victims of priest

AFP and The Tico Times - April 24, 2019

Costa Rica’s congress approved on Tuesday a bill that extends the statute of limitations for the crime of sexual abuse…

International drug rehab in Costa Rica with the Costa Rica Treatment Center
Sponsored content
12 views
Sponsored content
12 views

International drug rehab in Costa Rica with the Costa Rica Treatment Center

The Tico Times - April 24, 2019

Costa Rica Treatment Center understands the process of addiction recovery from personal experience. Their evidence-based treatment programs are engineered to…

Do NOT follow this link or you will be banned from the site!