Hoping to stem emigration, Oaxaca launches sock factory

The Oaxaca government is betting that socks will be the solution to emigration from a municipality in the state’s Mixteca region.

On Thursday Governor Alejandro Murat officially opened a garment factory in Jaltepec where workers will primarily focus on manufacturing socks.

The primary aim of the government’s 10-million-peso (US $530,000) investment in the factory, an existing facility that has been fitted out with new machinery, is to provide jobs to local residents and thus deter emigration to other parts of the country and the United States. It is expected to create some 300 direct and 600 indirect jobs.

Murat acknowledged that when he visited Jaltepec three years ago, residents complained to him about the lack of job opportunities due to the closure of the town’s factory, its main source of employment. With few other options available to them, many residents chose to leave Jaltepec to try their luck elsewhere, primarily central Mexico and the United States.

In that context, the governor made refitting the factory and establishing it as a social enterprise, managed by the community, a commitment that he took to the 2016 state election.

“A lot of families wanted to improve their own incomes, and the best way to empower a family, a person and a municipality is by creating sources of employment,” Murat said.

He urged residents to manage the factory well to ensure that it fulfills its potential, suggesting that profits should be reinvested to expand the plant, create more jobs, widen distribution and generate more sales.

“For that, we’re going to help you,” the governor said.

For his part, state Economy Minister Juan Pablo Guzmán Cobián said that annual sales of about 1 million pesos (US $53,000) are already forecast because the factory’s products will be sold in large chain stores such as Walmart.

Source: Milenio (sp) 

Have something to say? Paid Subscribers get all access to make & read comments.
ecocidio Acapulco

‘Ecocide of the seabed’: Luxury condo expansion near Acapulco accused of causing irreversible damage

0
The Fishermen and Divers Cooperative wants the local damage to stop, but they also want to see "massive, long-term ecosystem destruction" be subject to the international Criminal Court.
oil on a beach in Veracruz

Veracruz governor says natural seep may be causing Gulf oil contamination

0
In early March, what appeared to be an oil spill was detected off the coast of Pajapan, Veracruz, and has since spread along 230 kilometers of coastline between Veracruz and Tabasco.
Cash counting machine counts hundred dollar bills

Treasury targets 14 US counties where it believes cartels launder cash

0
The Geographic Targeting Order (GTO) for 14 counties of California, Texas, New Mexico and Arizona requires money transfer companies and currency exchange offices to report cash transactions between US $1,000 and $10,000.
BETA Version - Powered by Perplexity