Babyliss-Conair Closes Operations in Costa Rica

The company announced for early next year the closing of its manufacturing plant in the country.

Thursday, October 7, 2010

Francisco López Trigo, general manager of the company, told El Financiero that the process, which begun in 2004, has evolved gradually. In the month of December, 100 jobs will be cut from the current 400.Between February and March 2011 the final closing will take place.

"Lopez said the company will concentrate efforts in their call center, their commercial department and some real estate investments."

More on this topic

Manufacturing Exports Down by 18% in Costa Rica

April 2009

Manufacturing industry exports in the first quarter were down from $1.543 billion in 2008 to $1.260 billion in 2009.

Exports from this sector (microprocessors, textiles and medical devices) represent 61% of the country's total exports.

Journalist Hassel Fallas wrote in Nacion.com: "The reduction in manufactured goods exports is greater than the decline in agriculture (8%) and food (14%).

Kellogg's Closes Guatemalan Plant

August 2009

The company announced the closure of its Guatemalan production plant in November.

The facility will be used in the distribution chain, for the national market, of products imported from Mexico.

Francisco Alcalá, Kellogg's executive, said: "I regret having to inform that we've decided to close Kellogg's production plant in Guatemala.

Faber-Castell Closes Factory in Costa Rica

January 2013

The closure of Maderin Eco, a subsidiary of the multinational pencil manufacturer, has been attributed to the continued and increasing difficulties in competitive wood supply.

Maderin Eco, a subsidiary of the multinational pencil manufacturer Faber-Castell, whose plant is located in the canton of Corredores, on the border with Panama, began the process of closing its operations in the country last November and will finish it in November 2013.

Fall in Exports in Five Sectors in Costa Rica  

March 2013

Medicines, textiles, melons, palm, foliage and leaves, have experienced significant declines in the value of exports in recent years. 

Nacion.com reports that "when comparing income in 2009 (when the global crisis hit and sales were strongly affected) with last year, for foliage, leaves and other goods the fall is 29.7% ".

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