Ametex

AMETEX

Ametex exports to USA, Europe and Latin America with Argentina and Brazil as the main market. Ametex is the parent company heading in the country. It has a set of 8 large companies thatclose around the cycle productive from the spinning, until the clothing and marketing of their products. The causes of the economic problems of the company began with the terrorist attacks in the UnitedStates, followed by the crisis economic in Argentina and Brazil; straining the heritage of the company leading to a liquidity problem and increasing the indebtedness. Ametex count with two mainproduction lines: Line point external market and Flat Line domestic market
The textile industry is a sector highly competitive between countries that have a low cost of labor. Much of the production wasexported to America, thanks to the benefits of  Ley de Preferencias Arancelarias Andinas y Erradicación de Drogas (ATPDEA). They noted that all markets where placed in their garments, such as Mexico,Brazil, Argentina or Venezuela, were closed by the crisis, Argentina, which applied protectionist measures before the international crisis. Venezuela, which was an alternative, because nothing is sentdue to the fact that the procedures for exporting are delinquent, as well as payments by restrictions on foreign exchange for the dollar. All markets have closed, curiously, the United States is whereyou can still export something.

Their main products are the textiles of the marks.

Ametex provides different companies with different jobs such as Hilandería Laja (Hilasa), Universaltex (Utex),Manufacturas Textiles (Matex) Moda Express (Mex) ,Textiles Miraflores (Temisa), Bat’t , Polar Textil (Polar) and Seleccionadora de Textiles (Seltex) The activities of these companies arethefollowing: Hilasa that produces cotton thread for the exclusive use of Universaltex. Has one of the technologies more in the modern world spinning, with automated machines. Universaltex Dedicated to the...