Praxair Costa Rica, a wholly-owned subsidiary of Praxair Inc. is reported to have acquired a new ASU plant, considered to be one of the most modern in Latin America.
The investment is part of the expansion plan the company has been developing for several years, including the relocation of its operating facilities from Tres Ríos to El Coyol de Alajuela in the Propark Industrial Park, according to a report by El Financiero.
The equipment will allow a five-fold increase in production capacity and the company will be able to sell its products outside the national market, in particular to Panamá, Central America and the Caribbean.
According to General Manager Cristian Sauter, investment in the plant is worth an estimated US$15m.
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