Caracol Knits, S.A. de C.V II

repaid

Caracol Knits, S.A. de C.V.'s production facility is located in the municipality of Potrerillos, Cortés. The project consists of completing two industrial buildings and the machinery and infrastructure required for increasing production capacity by 80% over current capacity. The facilities include warehouses for storing raw materials, finished products, and spare parts, as well as a steam generation system with boilers operated on bunker and diesel fuel. The project also calls for an untreated sewage water treatment plant and a plant for treating domestic sewage and industrial wastewater from the dyeing process.By participating in the financial plan for expanding a successful textile company, the IIC will be providing support for the Honduran textile sector. The Company is a model in the Honduran textile industry that is adding value to traditional maquila operations by making greater industry integration and consolidation possible. The IIC's participation will complete the Company's financial package, thus enabling it to deliver on increasing product demand from an important international buyer.