In order to reduce costs and take advantage of the country's geographical location, executives of the clothing manufacturing company confirmed that they will move two plants currently located in the US and Spain to Guatemala.
The announcement of the transfer of the factories' operations was made by Manuel Martos, representative of Nextil Group, in the context of the forum "Strengthening Regional Value Chains for Economic and Social Reactivation", organized by the Inter-American Development Bank (IDB) and the Government of Guatemala.
The Costa Rican Social Security Fund (Caja Costarricense de Seguro Social) tenders the construction of a clothing factory and an optical laboratory, buildings that will be located in the institution's industrial zone in La Uruca.
Costa Rican Government Purchase 2021LN-000001-0001104402:
"The Contractor must build the civil and architectural work of the clothing factory and the optical laboratory, as well as the installation, commissioning and trainings of the electromechanical systems, basic and industrial equipment (non-medical), included in the construction drawings and technical specifications.
During 2020, 32 environmental impact studies were presented in Central American countries to build and expand industrial plants, with Costa Rica accounting for 69% of the estimated investment.
The interactive platform "Construction in Central America", from CentralAmericaData's Business Intelligence Area, provides an updated list of public and private construction projects that have submitted environmental impact studies (EIA) to the respective institutions in each country.
After nearly seven decades of operating in the Central American country, the company dedicated to the manufacture of batteries and lighting decided to close its production plant and moved its operations to Brazil.
The restructuring of its operations comes two years after Energizer Holdings Inc agreed to buy the battery and lighting business of Spectrum Brands Holdings Inc. With this acquisition, Energizer absorbed the Varta and Rayovac brands.
As a result of the closure of Grupo Lala's factory in Costa Rica, the 37 thousand liters of milk that 70 local producers sold daily to the company of Mexican origin were left without a buyer, however, Dos Pinos promised to acquire the product.
On December 1st Grupo Lala informed that it will close the milk plant that operates in the province of Alajuela. According to the company, the factory will stop operating on December 11th.
Arguing that there is greater potential for sustainable and profitable expansion in Nicaragua and Guatemala, the Mexican business group dedicated to dairy production decided to close the operations of its production plant in Costa Rica.
Between 2020 and 2023 Nevro plans to invest $21 million in the commissioning of an industrial plant of more than 3 thousand square meters in the Coyol Free Zone, in Alajuela.
The company based in California, United States, is dedicated to the manufacture of medical devices that are demanded by patients suffering from debilitating chronic pain, reported the Costa Rican Coalition of Development Initiatives (Cinde).
In Guatemala, a Korean business group plans to invest in the start-up of a fabric factory in the municipality of Villa Nueva.
The fabrics that will be manufactured in the new industrial plant will be specialized and will supply other factories in the region, informed authorities and businessmen of the sector.
According to directors of the Garment and Textile Commission (Vestex), Korean businessmen interested in investing have already visited industrial parks in the country to learn about the operations of other factories.
The U.S. company, which still operates a plant in the country for the production of sandpaper and adhesive tapes, has begun the process of relocating its operations, which includes the closure of the factory operating in Heredia.
According to information released by the company, the closure of the industrial complex located in Santa Rosa de Heredia, follows a business strategy and is not a consequence of the economic crisis that generated the outbreak of covid-19.
In Costa Rica, Bridgestone began partial operations on May 11 and now announces that it will completely normalize its activities at the plant in Heredia by the end of June.
Following the outbreak of covid-19 in the country, the tire manufacturer decided to temporarily close the operations of its plant located in the canton of Belen.
The Cabinet authorized the Minister of Commerce and Industry to submit to the Assembly a bill to create the Special Regime for the Establishment and Operation of Multinational Companies for the Provision of Services Related to Manufacturing.
After investing $7 million, Grupo Monterrey began operating a factory in the municipality of Amatitlan with the capacity to produce 4 million blocks per month.
The industrial plant, whose facilities have an area of 4 thousand square meters, is located at kilometer 32 on the Pacific route, in the Rancho Grande industrial park. The factory has a mega blocks machine with European technology and a temperature-controlled warehouse for drying the block.
The company announced that it will close its bar soap production plant of the brands Xtra, Unox, Rinso and Surf that was located in Comayagua, Honduras, and will move operations to the neighboring country.
Unilever Central America announced in a statement that bar soaps will now be manufactured and marketed in Central America by the Guatemalan company Industria La Popular.
The company Medtronic inaugurated in Coyol Free Zone its new plant dedicated to the manufacture of precision medical devices, an investment with which it seeks to double its operations in the country.
Medtronic has a commercial presence in Costa Rica since 2015. Between 2017 to date, it has grown from 140 to more than 500 employees, and its plant manufactures components for medical devices used for spine surgeries, which are sold in several parts of the world, reported the Costa Rican Coalition of Development Initiatives (Cinde).
In Costa Rica, the auction of four properties belonging to the plastics manufacturer Yanber is scheduled for October 4, which, after going through a period of crisis, closed its operations in June.
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