$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.

An article in La Prensa of Honduras indicated that the plant is the first of its kind on the isthmus, and that the American investors also have an interest in sectors such as agribusiness and tourism. They have the support the specialist firm ReedSmith LLP.

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San Pedro Sula: Gypsum Board Factory

August 2011

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.

The plant, which has the capacity to produce 4 million boards a year, will supply the Central American market, which uses 12 million boards annually.

New Boot Factory Opens in Nicaragua

April 2009

The Taiwanese factory, which will open in Granada between June and July, required an investment of $2 million.

The industrial boot production plant belonging to the Taiwanese Aleo Trade Company will start operations by employing over 200 people, and it is estimated to produce 600 thousand pairs per year.

3M to manufacture in Panama

June 2008

The Amarican multinational 3M has chosen Panama as headquarters for its new technology manufacturing and distribution center.

With an initial investment of 15 million dollars, it will set up shop in Howard. During the first stage it will focus on converting products for industry and the service sector. Later it will manufacture products in Panama.

Firestone to open parts factory in Costa Rica

May 2008

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.

"Demand for suspensions is growing in the developing world, and this fits into our plans to boost our global presence," said Firestone president Mike Cero.

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