Telecommunications Cable Plant Inaugurated

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.

Nacion.com published comments by John Caveney, CEO of Panasonic, during the opening ceremony; "This project is a clear sign of our confidence in Costa Rica, in its talented workforce, in the affinity between the public and private sectors, and in the competitive spirit that strives for excellence in all its forms. "

Source: Nacion.com

More on this topic

Panduit invests $20 million in Costa Rica

February 2009

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

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."

Hospira Invests $ 21 Million in Costa Rica

November 2010

The medical device maker made the investment by expanding its manufacturing plant.

The expansion of the plant in Global Park, Heredia, is expected to generate 250 new jobs.

The additional 11.000 Square Meters Hospira is adding to the 40,000 it already has, makes the building the center for making the infusion intravenous drug bomb.

Furniture Manufacturer Invests in Honduras

October 2011

Ethan Allen Interiors has acquired a 164 thousand square foot manufacturing plant in Honduras.

The US–based company has decided to supplement its existing operations in Vermont, New Jersey, North Carolina and Mexico with the opening of a new factory in Honduras, which will supply the subsidiaries.

More Investment in Medical Technology in Costa Rica

March 2012

Oberg Medical, medical device maker has announced a $2 million investment in expanding its manufacturing plant in Franca Metropolitana, in Heredia.

A statement from CINDE reads:

Oberg Medical will double its operations in Costa Rica
• The company will invest U.S. $2 million at its plant in the country, doubling its size and production capacity.