Bridgestone invests in Costa Rica

ERJ staff report (DS)

Costa Rica - Bridgestone de Costa Rica, S.A. (BSCR) said its new Financial Shared Services Center for the Latin American Region will be located in Costa Rica. The company will also invest around $70 million over five years to increase the flexibility of its tyre factory in La Ribera de Belen in Heredia.

The news came in a statement from the Costa Rican Investment Board (CINDE). No-one from Bridgestone was available to comment.

CINDE said the new financial centre would create around 100 jobs in the city. CINDE quoted Humberto Gomez, President of BATO LA saying, “This structure will improve financial services for the business units throughout Latin America,” adding, “This 'Center of Excellence' will help the company grow and leverage the talents of all our teammates so they can provide world-class service to our Latin America businesses now and into the future.”

Another Bridgestone Americas' subsidiary, Firestone Industrial Products Company, LLC (FSIP), invested $18 million in Costa Rica to open an air springs plant in 2009. The plant, located in Turrialba, employs roughly 160 people.

This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.

Press release from CINDE