Textiles: $20 Million Investment in Manufacturing Plant
Thursday, July 2, 2020
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).

Check out the "Feasibility studies of real estate projects" that we carry out at CentralAmericaData.

The document dated July 1, 2020 states that "... This is the third major investment the company has made in the country, the first being in 2002 and the second in 2014."

Jorge Sequeira Picado, Cinde's CEO, said that "... Proquinal, a company in the sector, is announcing its third reinvestment in the country, which will allow it to add new processes and add more jobs to its local operation, also expanding its services to life sciences companies, very much in line with the convergence of sectors that is being promoted today in the face of the fourth industrial revolution. The most recent example was the production of a waterproof and reusable fabric for hospital use used by health workers."

Moisés Hernandez, General Manager of the company, explained that with "... the new investment will increase Costa Rica's export capacity to highly demanding markets."

DO YOU NEED MORE INFORMATION ABOUT YOUR BUSINESS SECTOR?
Request more information:
Name*
Last Name*
Email:*
Telephone (choose your Country):*


Company:*
Title:*
Size of the Company:*
Industry:*
Yes, I want to receive a call from a salesperson*
Comments:*
this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423
 
More on this topic
Textile Industry: $20 Million Investment Announced
November 2020
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.
Costa Rica: $24 million to Expand Vinyl Plant
February 2017
The Colombian company producing fabrics and vinyl flooring, Proquinal, has announced that with the expansion of its manufacturing plant in Coyol, Alajuela, it will be doubling its production capacity.
The manufacturer of vinyl fabrics has increased the size of its production plant in Coyol, Alajuela by 9 thousand square meters.
Costa Rica: Spinning Mill Starts Operations
April 2015
The Korean textile SAE-A Spinning SRL has started producing yarns and fabrics in the manufacturing plant built in the industrial area of ​​Coris, in Cartago.
Although construction of the new textile plant, which required an investment of $35 million was announced in June 2014, it is just now starting operations.
More Production of Telecom Devices in Costa Rica
March 2014
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:
Goods
textile
Countries
Costa Rica
Insight
Industry Manufacturing Textile industry industrial investment industrial facility industrial parkindustrial sector investment InvestmentInfrastructure & Construction Textile Industry
RELACIONADO
industrial facility
industrial investment
industrial park
industrial sector
Industry
Daily Update Government PurchasesDownload brochure (only in spanish)Trade Inteligence Subscriber Access NewsletterContact Us MarketDataMexico Español
2008-2021 © CentralAmericaData.com
Trade InteligenceWho we areContact Us