Kimberly Clark to invest $31 million in El Salvador

This figure will be used to expand the plant located at Sitio del Niño, La Libertad.

Wednesday, December 3, 2008

The amount of the investment is $31 million and will be used to install a new machine to manufacture toilet paper and a factory that will prepare recycled paper paste.

The equipment will be installed and ready to function next August and will help to add 100 more employees to the payroll. The company currently employs more than 1,200 workers.

More on this topic

Kimberly-Clark Will Increase Production by 50%

July 2009

With a $24 million investment in expanding its production facility in El Salvador, output will reach 240 metric tons of tissue paper.

The investment is done within the framework of the "Proyecto Cortés," which aims to expand the factory located in Sitio del Niño, in San Juan Opico.

Honduras: $10 Million Taiwanese Investments

April 2011

With $10 million worth of initial capital, a company will be set up to manufacture sports equipment.

A Taiwanese backed international sporting equipment company will begin operations in Honduras in the coming days with an initial investment of $10 million and creating 200 direct jobs, according to Romeo Silvestri, head of the Committee for Special Development Regions of the country's congress.

Inversiones Mundial to Open Paint Factory in Central America

April 2011

The Colombian company has announced plans to expand its paints division, Pintuco, in Central America.

The firm's president, Ernesto Fajardo, announced the Central American expansion plans, which include negotiations for the construction of a paint manufacturing factory that could be located in Guatemala, Costa Rica or El Salvador.

Agribusiness El Angel Investing $ 3 Million in Costa Rica

November 2010

The jellies and preserve factory, seriously affected by an earthquake back in January 2009, will build its new plant in Finca Noble.

The new facilities will cover 7,000 square meters in a two hectare area. Its opening is scheduled after 2012.

An article in Elfinancierocr.com reported that, "The project, planned in stages and with an estimated $ 3 million investment, will be the rebirth of a food company which, despite the vicissitudes of an earthquake, never stopped supplying the domestic and foreign markets”.

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