Central/South America

Articles related to area economic development, corporate relocation, company expansion and site selection news throughout Central & South America.



Santa

BF Editors’ Blog: Breaking Down Santa’s Influence As A Site Selector

The origin story for Santa has many variations, but present-day versions of the myth lean heavily on his homebase being the North Pole.
Intel Costa Rica

Intel To Invest $1.2B In Costa Rica

Over the next two years, U.S. chip manufacturer Intel is planning to invest $1.2 billion in Costa Rica, where it employs 3,300 workers.
2023 Global Rankings

19th Annual Rankings: 2023 Global Rankings Report

Once again, the U.S. ranks as the top destination for foreign direct investment, followed by China and Canada, in the 2023 Global Rankings Report.
Global Rankings

19th Annual Global Rankings Report: Standout Locations For Site Selectors

Foreign direct investment, renewable energy, and global smart cities 
are included in this year’s global rankings.
2022 Global Rankings

18th Annual Rankings: 2022 Global Rankings Report

The U.S. and China earned the top two spots for Foreign Direct Investment (Worldwide) in Business Facilities’ 2022 Global Rankings Report.
medical device company expanding in Costa Rica

Biomerics Investing $9.5M In Second Costa Rica Plant

Medical device contract manufacturer Biomerics will create approximately 250 new jobs in Cartago, Costa Rica this year, reaching 1,000 by 2024.

U.S. Tech Firm Helm360 Expands Operations In Costa Rica

Global tech innovator Helm360 will continue to expand its Costa Rican operations with a new $3.5 million facility in Pérez Zeledón.
2021 Global Rankings

17th Annual Rankings: 2021 Global Rankings Report

San Francisco, New York and Tel Aviv have the best Startup Ecosystems in Business Facilities’ 2021 Global Rankings Report.
Alajuela, Costa Rica

Samtec Hiring 150 Workers, Donating Funds And Face Masks In Costa Rica

The advanced manufacturing company will donate 800 N95 face masks to Costa Rican health authorities and $25,000 for buying diagnostic kits and tests.

Business Facilities’ 2019 Global Rankings Report

Business Facilities' 2019 Global Rankings Report measures international locations’ progress on a range of factors, including artificial intelligence, renewable energy, economic growth potential, global competitiveness, and beyond.
Amazon Costa Rica

Amazon Bringing 2,000 New Jobs To Costa Rica

The decision will increase Amazon's total employment in Costa Rica to 9,500, making the company the country's largest employer in the services sector.
Nicaragua

Millicom Invests In Data Centers Across Latin America

By the end of 2019, Millicom will have built and deployed six state-of-the-art Tier III data centers, expanding its reach from Colombia, Paraguay, and Bolivia to include Nicaragua, El Salvador, and Honduras.
Tokyo Innovative Cities

Top 100 Most Innovative Cities Named

Tokyo ranks #1 in World Innovation Cities Index ahead of London and Silicon Valley.
Whirlpool Latin America Argentina

Whirlpool Completes Manufacturing Facility Expansion In Argentina

The new manufacturing facility, located in Buenos Aires Province, is part of a $200 million investment plan and will create 100 new jobs.

Happy Economic Development Week!

As the IEDC's second annual celebratory week for Economic Development begins today, here are some tips about how your location can participate.
Panama Canal

Expanded Panama Canal Officially Opens

The largest enhancement project since the canal opened in 1914 will provide the world's shippers, retailers, manufacturers and consumers with greater shipping options, better maritime service, enhanced logistics and supply-chain reliability.

June 26 or Bust

There may be "still a lot of work to do," but officials insist the expanded Panama Canal will be open for business by the end of next month.
business-facilities-september/october-2015

September/October 2015 Issue (Volume 48, Number 5)

Innovation hubs and logistics are the focus of Business Facilities September/October issue, plus reports on Indiana, New Jersey, Texas, North Carolina, California.
panama-canal

Panama Canal: Bigger, Better and Ready to Rumble

Two years later than the original plan, the $5.25-billion expansion of the Panama Canal is set to be completed in April, dramatically altering the global shipping paradigm.
The Port of Oswego provides on-dock rail-and-truck loading, making for a smooth transition of goods to market. The Port’s just-in-time storage capabilities provide additional flexibility to delivery schedules.

Feature Story: Logistics – Big Wheels Keep On Rollin’

So far, 2014 has been a banner year for freight haulers, but this success has a down side: a capacity crisis may be looming.
tax credits

Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA

Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
Economic Development Awards

Enter The 2024 EDO Awards! Deadline Extended To March 21

Submit your story to Business Facilities' editors for consideration in the 2024 Economic Development Organization Awards.
2023 Deals Of The Year

2023 Deals Of The Year

Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.

[VIDEO] Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

Location Spotlight: Welcome to Columbus, Indiana

Columbus, Edinburgh and Bartholomew County, Indiana are consistently ranked among the Top Ten locations in the United States. With one of the highest concentrations of engineering talent in the nation, manufacturing employment that ranks in the Top 2% of the U.S., I-65 access, and nationally recognized community living, now is the right time to consider the unexpected opportunities this unforgettable community has to offer.