Lincoln Electric considers investing in Panama

The multinational company, a global leader in welding equipment, is considering expanding to the region via Panama.

Thursday, January 22, 2009 reports: "No decision has been made yet, but the company could set up a sales office or regional training center in Panama, or even an industrial plant.

There is also the possibility of participating as a subcontractor in the construction of the third set of locks: yesterday they shared this interest with the Panama Canal Authority."

More on this topic

Minera Panama Awards $349 million in Equipment

November 2012

The mining company has signed contracts with four companies to supply its fleet of mobile mining equipment.

In a press release, the parent company Inmet Mining announced it has completed the selection of mobile mining equipment suppliers and has awarded two contracts:

- P & H Mining Equipment for rope shovels.

More Investment by Intel in Costa Rica

February 2012

The processor giant will invest $80 million in equipment upgrades at its plant in Belen, Heredia, in order to produce a new chip.

Modernization is necessary for the production of a more advanced chip and for optimizing the plant’s infrastructure, said Mike Forrest, general manager of Intel Costa Rica to

$20 Million Invested by Steel Maker in El Salvador

June 2009

The Corporación Industrial Centroamericana (Cornica) makes the investment to update its production facilities.

Investment in new forging equipment, continuous casting, and fabrication of steel and iron, among others, will allow the company to increase its capacity to produce steel from 140,000 tons currently to 250,000 tons, according to the General Manager of Cornica, Carlos Francisco Alvarado.

Multinational Grainger inaugurates branch in Panama

September 2008

The opening of the branch is in accordance with the company's expansion plan for Central America.

The American company said that the new branch in Panama will offer a wide variety of products to companies and institutions for the maintenance of their installations.
"Grainger chose Panama as its second expansion market in Latin America after Mexico because it offers interesting opportunities and an excellent business climate," said Bonnie McIntyre, vice-president of Development for the Group.

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