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Q COSTA RICA - The Fuerza Publica (National Police) submitted a complaint to the Prosecutor of the First Judicial Circuit of San José this Wednesday due to the blockade on the General Cañas (Ruta 1) by a group of La Carpio residents who were making demands to the Ministry of Public Education (MEP). According to…
Panasonic will invest $10 million to expand its operations in Costa Rica, with the ultimate goal of replacing a production line the company currently runs in Asia, the electronics corporation announced Tuesday.
At its facilities in San Rafael de Alajuela, Panasonic will construct a new warehouse and improve existing infrastructure. The upgrades will allow Panasonic to manufacture Triple-A batteries in Costa Rica and increase throughput on the Double-A battery production line.
Groundbreaking is expected later this year, and the new facilities are slated to be ready in 2022 before the start of operations in 2023.
“Our experience of more than 50 years serving countries in Latin America and the Caribbean, local human resources, social and economic stability, and the facilities offered by Costa Rica in logistics were the key factors for the corporate to assign us the new production,” Ronald León, general manager of Panasonic Central America, said in a statement from the company.