Workers at Mexican textile firm Hilaturas Tejidos y Acabados Xtra have ended a four-year strike after agreeing a new wage deal with its owners, a company spokesman has confirmed to just-style.

Moreover, the manufacturer's undisclosed family owners have agreed to compensate the firm's 429  workers for four years of unpaid wages. Otherwise, the government will seize their corporate assets to compensate workers, the spokesman added.

All workers at HTA Xtra, which is based in the state of Jalisco, have returned to their posts, the spokesman said.

He added that despite having faced financial difficulties in 2008, when the global recession began to hit Mexican spinners, the order bookis full enough to warrant a profitable year in 2012.