Codaca Group, distributor of Hino brand trucks, made the investment for the upgrade of its facilities in San Pedro Sula.
The group's executive chairman, Manuel Siekavizza said during the opening ceremony for the new works, that they have increased their workforce to 140 people.
"In Honduras the company has its second largest operation out of all the markets it serves.
Guatemalan company Sika Motor, which assembles and distributes Hino brand trucks, will now export to Cuba.
The company has exported 24 units to Cuba in the first seven months of the year.
"Cuba is a market with excellent opportunities for the sector and we hope that the market will open further," Danilo Siekavizza, president pf Sika Motor group, told Prensalibre.com.
It inaugurated its second dealership in Mexico in association with Codaca, Guatemalan distributor of Hino trucks.
Located in the city of Chihuahua, it will focus exclusively in selling Hino trucks.
"Grupo Purdy Motor is the majority owner of the Chihuahua operation, which employs 14 people. The 4.200 square meters property is located in the center of the city...", explained Allan Sime, director of Purdy Motor International, in a Nacion.com article.
The Costa Rican-Guatemalan owned company will seek to position Hino brand trucks in various states of northern Mexico.
The company, Codaca Group, with 36 years of experience assembling and distributing Hino trucks in Guatemala, formed a partnership with Purdy Motor.
Elperiodico.com.gt reported the statements of Danilo Siekavizza, president of the Sika Group and owner of Codaca "We already hired personnel for the first showroom in Chihuahua."