Kimberly-Clark to Invest $42 Million in Its Production and Supply Center in Costa Rica
With the new investment, Kimberly-Clark will buy high-tech equipment to manufacture more baby, kids and feminine care products, as well as expand the production plant and the Global Shared Services Center in Costa Rica.
Sept. 12, 2019 - Kimberly-Clark will invest $42 million in its production and supply center in Coris, as well as in its Global Shared Services Center in Costa Rica. The announcement was made on Sept. 4 during a visit of the President of Costa Rica, Carlos Alvarado, to the company's plant in Coris, Cartago.
With the new investment, the company will buy high-tech equipment to manufacture more baby, kids and feminine care products, as well as expand the production plant and the Global Shared Services Center, promoting more employment in the country.
“This is a day to celebrate in Kimberly-Clark, our country, and the communities that have become our home for so long,” said Gonzalo Uribe, Kimberly-Clark's Vice President of Northern Latin America.
“This investment demonstrates the great history that we have in Costa Rica and our compromise to make our business grow even more in here. We are proud to supply essential products for Latin America and be a company where people can develop their careers,” he added.
The investment is part of Kimberly-Clark's plan to increase its production capacity for domestic consumption and exports. The company supplies Costa Rica with a daily production of more than 3 million diapers and 2.5 million sanitary napkins. It also produces 5 million products daily to supply Central America, Panama, the Caribbean and the United States (Puerto Rico).
The Head of State's visit to the Kimberly-Clark plant in Coris was an opportunity to highlight the company's growth potential in Costa Rica.
"Having Costa Rica as an investment center in Latin America is key for the country's development and is reflected in more opportunities for our citizens. We are pleased to know that our strengths as Costa Ricans have opened the door to new jobs that improve the life quality of more families,” said President Carlos Alvarado.
Kimberly-Clark employs a total of 1,500 employees in its production plant, factories, distribution center, national headquarters, regional headquarters and its global service center in Costa Rica, supporting the commercialization of several of its brands including Scott, Kotex, Huggies, Plenitud and Kleenex.
SOURCE: Costa Rican Investment Promotion Agency (CINDE)