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Immex, the Program that Was Born to Help the Mexican Textile and Footwear Industry but Ended up Putting His Foot on It
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Manuel Espinoza presented himself a few months ago as an “ex-industrial” facility. His facilities are under arrest and his workers are liquidated. For years, Espintex, his textile company in Huejotzingo, Puebla, was an example of innovation in the sector: it produced up to 500 tons of cotton thread a month, supplied knitwear weavers and the high-end denim industry, but unfair competition ended with that. His story is the X-ray of a program that …
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