Monday 20 March 2023

MABE Announces Move Of Refrigerator Factory From Costa Rica To Colombia: 445 Layoffs

Paying the bills

Latest

Costa Rica signs regulations to the law to attract film investments

QCOSTARICA (Summa) With the signature of President Rodrigo Chaves...

Dollar begins to be sold in banks for less than ¢550

QCOSTARICA - The price of the U.S. dollar is...

The price of meat, eggs and tomato will be cheaper this weekend

RICO's Q - The farmer's fair across the country...

Rodrigo Chaves’ managerial style: If you don’t meet goals, you better leave

QCOSTARICA - The exit this week of Mario Arce...

Fire emergencies maintained an ‘average’ pattern despite heavy rains

QCOSTARICA - The Cuerpo de Bomberos (Fire Department) indicated...

Los mitos más comunes sobre los casinos en línea desmentidos

Los casinos en línea han ganado popularidad en los...

Las tendencias más novedosas en la industria del casino en línea en Chile

Según un estudio reciente, la industria del casino en...

Dollar Exchange

¢540.32 Buy

¢547.37 Sell

18 March 2023 - At The Banks - BCCR

Paying the bills

Share

Mabe plant in Los Lagos de Heredia, Costa Rica
Mabe plant in Los Lagos de Heredia, Costa Rica

QCOSTARICA – MABE, the Mexican appliance manufacturer announced today, Friday, it will be moving its manufacturing from Costa Rica to Colombia and the layoff of 445 employees.

Pablo Moreno, director of Corporate Affairs at MABE, said the decision to close the Los Lagos de Heredia was not an easy one, but based on changes in technical standards in some Central America and Caribbean countries, which will take effect next year.

Moreno explained, “these standards establish technical requirements and, in this case, regulate the consumption of electricity and will be tightened next year. The units must meet certain measures and to continue producing them in Costa Rica, it was required to make a major change in the design of the product and the production line.”

- Advertisement -

Moreno said that the units that meet these conditions are already been manufactured in other countries, including Colombia. The transfer of the Costa Rica operations to Colombia will be effective as of January 31, 2016.

The Heredia refrigerator plant had a production capacity of 275,000 units a year, all for export to Central America.

In the past 19 months MABE has reduced its production in Costa Rica, in May 2014 ending production stoves, and the letting go of 350 people.

MABE began operations in Costa Rica in 2008 with the acquisition of the local appliance manufacturer Atlas Electric, a Costa Rican company founded in the 1960s.

MABE joins a list of more than 20 companies to move out of Costa Rica in the last two years.

Source: Elfinancierocr.com

- Advertisement -
Paying the bills
Avatar photo
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Costa Rica signs regulations to the law to attract film investments

QCOSTARICA (Summa) With the signature of President Rodrigo Chaves and the...

Dollar begins to be sold in banks for less than ¢550

QCOSTARICA - The price of the U.S. dollar is listed below...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.