Central/South America

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

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.
Factors Analysis

FM Global Ranks Nations By Supply Chain Resilience

New Resilience Index is the only online, interactive tool to display data on country-by-country susceptibility to supply chain risk.

SPECIAL REPORT: Greater Fort Lauderdale – Magnet For Biotech/Pharma Growth

The Sunshine State’s Atlantic Coast is successfully competing with an international market for new business in a surging biotech sector.

FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

A shipping bonanza soon will be heading this way from an expanded Panama Canal. Every major port wants to attract the larger vessels, but who will be ready? From the July/August 2013 issue.

Methanex Announces New $550 Million Methanol Plant Project In Louisiana

Two relocated Chilean plants will result in more than 1,300 new direct and indirect jobs.
Atlantic Aviation

INDUSTRY FOCUS: Points of Entry for Cash-Rich Cargo

At least $13 billion in public investment is earmarked for port development in the next decade. With the expansion of the Panama Canal and steady growth of U.S. exports, developers and investment interests are bullish on U.S. ports. From the January/February 2013 issue

Rankings & Awards

March / April 2022 Issue

March / April 2022 Issue (Volume 55, Number 2)

Business Facilities' March / April 2022 issue focuses on the global supply chain, logistics, foreign direct investment, industrial parks, manufacturing, life sciences, and more.
Virginia Business Climate Award

Virginia’s El Koubi Accepts 2021 State of the Year—Best Overall Business Climate Award

Business Facilities magazine recognized the Commonwealth of Virginia for its commitment to building a strong business environment in 2021.

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Business Facilities Featured Location Spotlight

Location Spotlight: Ohio Electric Cooperatives

Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.

Business Facilities Featured Location Videos

[VIDEO] Made Possible in Lehigh Valley

The region has been recognized as one of the fastest-growing economies in the nation and is just a short drive away from major mid-Atlantic cities including New York City, Philadelphia, Baltimore, and Washington D.C.