Resulting as a product of her US visit, on Wednesday the Bridgestone company - Bridgestone de Costa Rica (BSCR) - announced the opening in Costa Rica of its Financial Shared Services Centre for Latin America, the Bridgestone Americas Tire Operations (BATO).
The new centre will generate at least 100 direct new jobs.
"Costa Rica is a great place to do business", said Gary Garfield, CEO and President of Bridgestone Americas. "We have received government support. The human resource is highly trained and motivated, so there are many strategic advantages for investing in the country. Placing our financial services centre here, we will be able to function much more efficiently to all financial requirements with operations throughout Latin America", he said.
The creation of the Financial Shared Services Centre for Latin America will allow the company to optimize their investment in information technology in SAP and other technologies, standardizing processes and creating an organizational structure focused on efficiency.
"This structure will improve financial services for business units throughout Latin America", said Humberto Gomez, President of BATO". This centre of excellence will help the company grow and strengthen our talented team of collaborators so that can provide world class service to our business in the present and the future."
Costa Rica's presidenta, Laura Chinchilla, said the expansion of new operations by Bridgestone is an unmistakable sign that Costa Rica is attractive and safe both for companies that are installed here and for those they are making the decision to invest in the country.
The presidenta said that this new investment is the result of the efforts being undertaken by her government to increase foreign direct investment, work that was paid off due to her recent tour of the United States, where she talked with several firms about the opportunities the country offers to investors.
"My administration will continue to advance the deepening of the educational processes, development of technical expertise, strengthening human capabilities and technological innovation and mastery of the languages of our trading partners, with the aim of meeting the demands of foreign direct investment", said Chnchilla.
According to Anabel Gonzalez, Minister of Foreign Trade, this project will create new high quality jobs in the country and contributes to reaching the goals set by Costa Rica.
Bridgestone also confirmed an investment of us$70 million dollars to expand its plant in La Ribera de Belén, in Heredia. The company says the investment will increase the capacity of the plant to produce a variety of products.
Firestone Industrial Products Company (FSIP), another subsidiary of Bridgestone Americas has invested us$18 million in Costa Rica in the opening of an air spring plant in Turrialba, employing 160 people.
Bridgestone Costa Rica is a member of the Latin American Tire Division of Bridgestone Americas Tire Operations and a direct subsidiary of Bridgestone Americas.
BSCR was established and built its first tire in 1967 at the Ribera de Belén plant (adjacent to the autopista General Cañas and around the corner from the Intel manufacturing plants.
The company employs 1,000 employees in the manufacturing of passenger tires, light truck radial tires, truck, bus and agricultural tires. BSCR is responsible for sales to Central America and the Caribbean islands and also supports the sales operations in North and South America.
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