In 1942, Jose’s grandson Ricardo established Hilasal, a family owned textile firm primarily manufacturing yarn and simple fabrics for the local market. In 1959, the company began producing bath towels and became the only towel manufacturer in the Central American region.
In 1968, the company began exporting their products to Europe and in 1975, under the direction of Ricardo Sagrera III, current president and CEO of Grupo Hilasal, made its first export to the United States.
Today, Hilasal has a state-of-the art and vertically integrated facility in El Salvador. It is currently one of the largest manufacturers of fiber-reactive printed beach towels in the world and largest towel manufacturer in North America.
In addition to the towel manufacturing facilities, the Group created Valley Manufacturing in 1992, an apparel division. The apparel division now operates 6 plants with 2,000 workers and services well known clients such as Polo, Champion and Sara Lee.
In 1993 the Group capitalized on the present synergies and established Export Salva Free Zone, a 70-acre duty-free service and business park. Today the park is home to 15 different service and light manufacturing operations and approximately 8,000 employees. (www.exportsalva.com)
The latest addition to the Group is Blue Logistics, a third party logistics provider (3PL) specialized in value-added logistics and distribution solutions for retail, consumer goods, raw materials, pharmaceutical and healthcare companies. The company caters to international companies currently distributing throughout the Central American and Caribbean regions. (www.bluelogistics.com.sv)
Grupo Hilasal’s Corporate Structure: