Published Wednesday, July 8, 2020

Colombian company reinvests $20
million in its manufacturing plant



By the A.M. Costa Rica staff


Proquinal Costa Rica, a Colombian company member of the Spradling Group, announced a reinvestment of $20 million in its coated fabric manufacturing plant in Costa Rica.

The company plans to hire 50 more workers at its Spradling Free Zone Park plant, located in Coyol Free Zone in Alajuela Province. These new positions will be added to its current list of 500 employees.

This represents the third major investment that the company has made in the country; the first was in 2002 and the second in 2014, said the Costa Rican Investment Promotion Agency, CINDE, in its statement.

According to CINDE, the reinvestment will allow the implementation of a new process within the plant, which will increase its export capacity. The company manufactures coated fabrics for high-performance markets, including hospitals, yachts, school buses, stadiums, airports, and hotels.

“During 2019, a total of 44 new projects were created within Costa Rica, of which 25 correspond to reinvestments,” said Dyalá Jiménez, the Minister of Foreign Trade.  

According to Iván Sepúlveda, CEO of the Spradling Group, the success of the company in Costa Rica is due to the qualified human talent, an environment of democratic stability, and consistent improvement in various processes, to remain competitive in a world of increasing demands.

By the end of 2019, the advanced manufacturing sector had generated 9,630 jobs and added a total of 44 companies recruited by CINDE, said the agency.

The company will be hiring personnel for engineering, technical, and operational positions. Those interested in applying to one of the new positions offered at Proquinal send your resume to recruitmentcr@spradling.group



----------------------
What other international company should open a branch operation in Costa Rica? We would like to know your thoughts on this story. Send your comments to news@amcostarica.com