Panduit invests $20 million in Costa Rica

The company, that specializes in cable manufacturing for telecommunications, expects to open its plant expansion in July.

Monday, February 9, 2009

Elfinancierocr.com publishes in its website: "The expansion represents 150.000 square foot of construction..."

"Investment in the project is around $20 million and it is expected that 120 jobs will be created in administration, technology and operations."

More on this topic

AT & T Authorized to Operate in Costa Rica

August 2016

The company will provide data transfer services in leased line mode using fiber optical links for a period of 10 years.

Nacion.com reports that "...The business model that the company described to the Sutel is to use the public telecommunications networks belonging to other operators, who already have proper authorization for the provision of services."

$27 million for Steel Plant in Guatemala

May 2013

With an investment of $27 million, International Ternium has modernized and expanded its steel plant in Villa Nueva.

According to company president, Hector Obeso, "The challenge is that all Central American roofs be manufactured from sheet metal from Guatemala".

The modernization of the International Ternium will allow production capacity to increase by 35%.

Nutresa Increases Investment in Costa Rica

July 2012

The Colombian group Nutresa will invest $3.4 million in improvements at its plants "Galletas Pozuelo" (cookies) and "Compañía Nacional de Chocolates" (chocolate).

The group has earmarked some $16 million for infrastructure since their arrival in Costa Rica in 2004 when it acquired the plant from the multinational Nestle.

Telecommunications Cable Plant Inaugurated

August 2011

With an investment of $35 million, the company Panduit, dedicated to the production of copper wire and fiber optics, has opened its second manufacturing plant in Costa Rica.

The 14,000 square meter plant manufactures industrial plastic cables. Located in Argentina, Grecia, it will provide jobs for 500 people in addition to the 850 already working in the other plant.

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