$5 million in Gypsum Board Production in Honduras
U.S. based Caspian will build a gypsum board factory in the country and distribute the product in Central America.
Friday, March 27, 2009
The representatives of the company, Catamaount Group LLC, said it is very probable that the plant will be located in Choloma, which is near Puerto Cortes, facilitating the export of the product.
With an investment of $22 million of which 75% has been contributed by Honduran businessmen, the company GypCen will be the first in the region to produce gypsum boards.
US-based Firestone is to open a factory in Turrialba, Costa Rica, to make parts for suspensions. The company is seeking an initial workforce of 100.
The Taiwanese factory, which will open in Granada between June and July, required an investment of $2 million.
The Amarican multinational 3M has chosen Panama as headquarters for its new technology manufacturing and distribution center.
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