Walmart Opens Major Distribution Center

After an investment of $70 million, Walmart has opened a 52,000 square meter distribution center in Costa Rica.

Friday, May 17, 2013

"The building has an area of ​​52,000 m² and its surface area is equivalent to 67 football fields according to the company, and is located in the industrial complex in Coyol in Alajuela", reported Nacion.com.

According to Julio Quevedo, vice president of logistics at Walmart, Mexico and Central America, the CEDI was planned taking into account the expected growth in the chain in Costa Rica over the next five years, though he could not reveal the figures as the the company is quoted on the Stock Exchange.

"The area of ​​land has room to grow in buildings after these five years," he added.



More on this topic

More Walmarts in Central America

February 2012

The Mexican and Central America division of the retail giant plans to invest almost $1.5 billion in the six countries of their jurisdiction, adding over 400 stores to the chain.

Mexican and Central America Walmart has with ambitious plans for 2012. With an investment of $1.4 billion, it aims to open 410 to 436 new stores in its geographical area of coverage (6 countries), generating 25,000 direct jobs and 52,000 indirect ones via building construction. The giant aims to increase its sales by 12% in Mexico and 9% in the 5 Central American countries.

New Walmart Store in Nicaragua

December 2011

The multinational retailer has opened a new ‘Pali’ store, which forms part of the announced investment of $54 million in the country.

With an investment of one million dollars the new store, Pali Santo Domingo, generated 16 jobs.

"'Walmart, with this penultimate opening in 2011, has demonstrated its loyalty to Nicaraguans and their confidence in the country", said Eduardo Garcia, manager of corporate affairs for Walmart Mexico and Central America'", reported Laprensa.com.

Walmart Investments in Costa Rica Reach $160.5 Million

April 2011

The retail multinational has announced the opening of 24 new stores during 2011.

Alberto Ebrard, executive vice-president for Walmart in Mexico and Central America, added that the company will also be remodeling its Hipermas supermarkets to be rebranded as Walmart, as well as the opening of several distribution centers.

Wal-Mart Invests $7.38 million in Guatemala

July 2009

Its main distribution center, which supplies 163 stores in the country, will be expanded to 28 thousand square meters.

With this investment, the company increased its storage and distribution capacity in 25%, creating 50 new jobs.

Marcio Cuevas, Guatemalan Corporate Affairs Manager, was quoted by Sigloxxi.com: "...this projects benefit the country´s economy, as expansion means job generation ...

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