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What happened to Koramsa, and who is Denimatrix?

According to the cited documentsClothesource data: to be confirmedTo be confirmedSetting up a plant

Koramsa at its peak

250,000 jeans/week, 9,000 workers

Early 2008EFE

Koramsa (denim; 250,000 pairs of jeans a week and 9,000 workers in early 2008) announced roughly 4,000 layoffs in November 2008 because of the crisis, and was described at the time as "Guatemala's leading maquila" (EFE via soitu.es). The Texan cotton cooperative PCCA bought key assets and relaunched the operation as Denimatrix LP in February 2009, "the first vertically integrated chain from raw cotton to finished jean in the Western Hemisphere" according to the buyer (KCBD, PCCA). The account of the collapse in orders (about 50% Aug–Oct 2008), closure at year-end, "more than 7,000 jobs at closure", "the largest maquila in Latin America" and rehiring starting from 200 people comes from Clothesource. Denimatrix today runs vertically integrated denim in zone 7 of Guatemala City (37 Avenida 3-13, Colonia El Rodeo, address per Wikimapia); the Ciplesa free zone is also in El Rodeo. Its declared clients are Abercrombie & Fitch, American Eagle, Lacoste and Michael Kors (promotional profile).

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  • Relaunch as Denimatrix LP by PCCA

    Feb 2009

    2009KCBD
  • Layoffs announced~4,000Nov 2008EFE

Sources

  • EFE

    EFE vía soitu.es, 25-nov-2008

    • Koramsa at its peak
    • Layoffs announced
    soitu.esAccessed Aug 22, 2026Go to the source
  • KCBD

    26-feb-2009, Lubbock cotton producer buys Guatemalan company

    • Relaunch as Denimatrix LP by PCCA
    kcbd.comAccessed Aug 22, 2026Go to the source
  • PCCA

    Denimatrix: PCCA creates new company to produce denim jeans

    pcca.comAccessed Aug 22, 2026Go to the source
  • Clothesource

    Texas growers cooperative buys Guatemala's Koramsa

    clothesource.netAccessed Aug 19, 2026Go to the source
  • CentralAmericaData

    Expedientes Koramsa/Denimatrix

    centralamericadata.comAccessed Aug 19, 2026Go to the source
  • Soy502

    Zonas francas y su participación en la economía

    soy502.comAccessed Aug 19, 2026Go to the source