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).
Proquinal Costa Rica announced that it will reinvest $20 million in its coated fabric manufacturing plant, which is located in Spradling Free Zone Park in Coyol de Alajuela.
This reinvestment will allow the implementation of a new process within the plant that will increase its export capacity. The company manufactures coated fabrics for high performance markets such as hospitals, yachts, school buses, stadiums, airports and hotels, reported the Costa Rican Development Initiative Coalition (Cinde).
In Costa Rica, Thermo Fisher Scientific opened a new 1,400 square meter distribution center in Coyol Free Zone, Alajuela.
This investment represents the third expansion of the company in the country in 7 years, and with its new distribution center Thermo Fisher increased its installed capacity by 52%, reported the Costa Rican Coalition of Development Initiatives.
In 2018, nearly 13,000 new jobs were generated in Costa Rica because of investment in 48 new projects in the service, manufacturing and other productive sectors.
The Costa Rican Coalition of Development Initiatives (CINDE) reported that because of new companies arrived in the country together with investments made by companies already installed, 12,961 new jobs were generated in the sectors of services, digital technologies, life sciences, advanced manufacturing and light manufacturing.
The high-tech company Microtechnologies has announced the construction of a new 9,500 square meter manufacturing plant in an industrial park in Coyol, Alajuela.
From a statement issued by Desarrolladores Inmobiliarios 4D:
4D to build high tech manufacturing plant in Coyol
· The investment for the new plant amounts to $15 million
Desarrolladores Inmobiliarios 4D is leading the financing, design and construction of the manufacturing plant for the multinational high technology company Microtechnologies (MTI) .
Tax Memorandum of Tezó and Associates on the verification of the information presented in the annual declaration of income tax.
Tax Memorandum by Tezó and Associates:
In March 2015 the SAT sent an email containing a reminder to some Special Taxpayers in respect to the maturity of the annual Income Tax affidavit (ISR). This email includes he notice with the following paragraph: "In April 2015, the SAT will verify the information presented in the annual ISR affidavit, for which reason it asks, among other things, for the integration of non-deductible expenses and receivables reported and declared. "
38% of the colombian companies who have invested in the country are dedicated to services, 28% to industry, 11% to construction and 23% to tourism, commerce or agriculture.
The service, food and manufacturing sectors are generating the most interest among Colombian investors, who in the last ten years have invested about $750 million in Costa Rica. Data from Procolombia added that in the same period, the Central American country has invested just $269 million in Colombia.
The purchase by the German company of the assets of Conceptus include a Patent for an intertubal contraceptive device which will go into production at the Metropolitan Free Zone in Heredia.
Bayer announced that the plant will be producing a new permanent birth control device. The first stage of the plant has been in operation since October 2014, dedicated to assembly and other tasks in the manufacturing process, but the product has not yet been marketed or exported because it is now in the certification stage.
Zollner Elektronik AG Germany has invested $15 million in a manufacturing plant in the province of Cartago, where it will produce printed circuit boards for industrial equipment.
From a statement issued by the Government of Costa Rica:
The German electronics manufacturing company Zollner Elektronik AG has opened its plant in Costa Rica, its first company in Latin America.
The firm Suttle has reinvested $1.2 million in a technology center at its plant for manufacturing devices used for telecommunications.
From a statement issued by CINDE:
Costa Rica: Suttle expands operations and creates 150 new jobs
• Company celebrates 25 years of operations in the country and adds to its operation of manufacturing devices used in the telecommunications industry, a new center containing state of the art technology.
The multinational has announced investments of $31 million to expand its plant in Cartago and open a new service center in Heredia.
From a press release by the Ministry of Foreign Trade:
With an investment of $31 million, the company Kimberly-Clark (KC) will strengthen its manufacturing operations and services in Costa Rica. The company will invest $27 million in its new plant in Coris, Cartago, plus an additional $ 4 million for a new Shared Service Centre located in Heredia and which will support its business network throughout Latin America.
With an investment of $5 million Gualapack Costa Rica has opened a manufacturing and distribution center for flexible packaging for food industry mixtures.
A press release from Costa Rican Coalition for Development Initiatives (CINDE) reads:
Gualapack Costa Rica, member of Grupo Gualapack today officially opened the doors of its modern manufacturing plant and distribution center for flexible packaging for food industry mixtures.
With an investment of $10 million the German company Zollner Elektronik AG is to establish a manufacturing and support services plant.
From a press release by the Ministry of Foreign Trade in Costa Rica (COMEX):
Zollner Elektronik AG, one of 15 world leaders in electronics manufacturing services (EMS) and the number one in Germany, announced today the establishment of its modern manufacturing and technical support services plant in Costa Rica.
Beverage Industry Digital Magazine established in 1942, the oldest Spanish trade journal and the only beverage trade magazine serving the Latin American beverage market. It serves soft drink bottlers, brewers, bottled water...