Manufacturing Operations Move From Costa Rica to Nicaragua and El Salvador

The company founded on Costa Rican capital, Jack's Foods, has announced that within five years it will transfer 50% of its production activities to Nicaragua, El Salvador and the United States.

Friday, February 27, 2015

From a statement issued by Alimentos Jack's:

Alimentos Jack's, a company founded on 100% Costa Rican capital, has decided to continue its expansion outside of Costa Rica and is planning to transfer 50% of its operations within five years, to the United States, El Salvador and Nicaragua.

"Our plan is to increase manufacturing in those countries, either with our investment or partnerships; we want to invest for the local market in these countries and for the Costa Rican market, but not based in Costa Rica, as the country has become very expensive and high risk," said Andrés Ignacio Pozuelo, President of Alimentos Jack's.

More on this topic

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The country which used to stand out in the region because of its good relative level of economic, social and educational development, is accelerating its march downhill in terms of productive competitiveness, income distribution and training.

EDITORIAL

A national entrepreneur's comments about how his half a century old company has no market problems and is in full swing in the phase of increasing investment, but can no longer keep production in the country because Costa Rica "has become very expensive and high risk", is confirmation of the march downhill of the real economy.

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