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Industry and Trade
and spark plug brands, using them through its
wholesale division called Grupo Q Mayoreo.
As part of the strategy to deliver the most complete
service to its clients, Grupo Q has specialized repair
shops in El Salvador, Honduras and Nicaragua
with the most modern facilities, technology and
equipment together with fast and professional
service. These services are performed at Grupo Q
Auto-pits service centers.
Financing is the key to offer optimum conditions
to customers when buying a new car. To fulfill this
condition Grupo Q has its own specialized credit
division called CreditQ that, in partnership with
General de Vehiculos S.A. (GEVESA), offers this
service to its clients.
Grupo Q manages almost 30 internationally
recognized brands holding 12.5% of the Central
American market share; its objective is to reach 18%.
The best service and the best product quality are
representative of Grupo Q’s way of working.
“A visionary investor is the one who pioneers a
market, who discovers a gold mine before anyone
else, regardless of his difficulties, risks and financial
limits. El Salvador’s natural resources, geographical
location and outstanding infrastructure give the
country a huge potential. Salvadorans have always
considered themselves international businessmen
because this is a small country and is looking to
Central America as a natural market. These make
us an excellent host to foreign investors who are
willing to invest in El Salvador. I would say that ´all
foreign investors that have come here are doing
excellent business´.”
Samuel Antonio Quiros, Chairman
HILASAL
Ricardo Sagrera
President
Carretera a Santa Ana Km 32
Tel: (+503) 2338 4155
www.hilasal.com.sv
Activity: Textile
Date of creation: XIX century
Hilasal is a manufacturer and commercializing
leader of final consumption textile products in
Central America. Currently, towel manufacturing only
occupies one third of its production.
Hilasal’s history goes back to the 19
th
century
when Mr. José Sagrera came to El Salvador from
Spain and established a small shop where they
manufactured cloth.
In 1942 José’s grand-son Ricardo, founded Hilasal,
a family textile company that mainly manufactured
thread and cloth for the local market. In 1959, the
company began to produce bath towels and became
the first company to manufacture this product for the
Central American region.
In 1968 the company began to export its products to
Europe and in 1975 under the leadership of Ricardo
Sagrera III, current President and CEO of Grupo
Hilasal the first exports to the United States took
place.
In 1976 Hilasal became the first world enterprise to
print its towels in a mechanized way and later it used
towel printing with reactive dye. This process was
later known in the industry as “Hiladized”.
Currently, Hilasal has a modern vertically integrated
plant in El Salvador. At present, Hilasal is one of the
main reactively dyed beach towel world manufacturer
and the main towel manufacturer in Central America.
In addition to towel manufacturing, the group
founded in 1992 Valley Manufacturing clothing
division. Currently, this division operates 6 plants
with 2000 workers, providing services to prestigious
clients such as Polo, Champion and Sara Lee.
In 1993, the Group capitalized its efforts and
founded Export Salva Free Zone, a collection of
services and businesses of 40 manzanas (blocks).
Currently, the park shelters 15 different services and
manufacturing companies that employ 8000 people
(www.exportsalva.com).
The latest company addition to the Group is Blue
Logistics, a specialized logistic operator of added
value and distribution solutions for retail and
consumption products, such as raw material. The
company assists international companies that
currently distribute their products in Central America
and the Caribbean. (www.bluelogistics.com.sv)
INDUSTRIA CARICIA
Guillermo Egan
President
Blvd. El Ejército Nacional Km 4½,
Col. Maral y Pasaje San Mauricio,