President Luis Guillermo SolÃs said he would meet with leaders from Intel in Palo Alto, California, during his first trip to the United States since taking office in May. The trip starts June 9.
Minnesota-based corporation Cargill Inc. announced the opening in Costa Rica of a business services center that will provide technical support to the group’s 50 companies in the Americas in areas such as finance, information technologies, human resources, transportation and logistics.
Canadian company Gildan Activewear confirmed Friday morning in Montreal, Canada, that their next major investment will be the construction of a textile manufacturing plant in Costa Rica's northwestern province of Guanacaste.
Arizona-based company American World Clinics confirmed the construction of a $150 million private hospital in Alajuela that will offer health care services to foreign retirees and medical tourists.
Increasing costs of electricity and raw materials lowered hiring expectations for this year in Costa Rica's industrial sector as employers expect a slowdown in new job creation, a study released Tuesday by the Chamber of Industries of Costa Rica showed.
President Laura Chinchilla and President-elect Luis Guillermo SolÃs wrangled this week with the political consequences of microchip giant Intel’s exit from Costa Rica, while observers search for the next big high-tech opportunity.
Costa Rica’s high-tech and service industries took a hard hit on Tuesday as microchip manufacturer Intel and Bank of America announced roughly 3,000 layoffs between both companies.
Intel Corporation on Tuesday addressed rumors circulating in recent days about the company's future in Costa Rica, saying in a press release they will close their microchip assembly and testing operations in the country over the next six months. A total of 1,500 employees will lose their jobs.
