Costa Rica Business News
  • June 20, 2024
  • Last Update June 19, 2024 10:48 am

Zollner Elektronik Strengthens Latin American Footprint with New Facility in Costa Rica

Zollner Elektronik Strengthens Latin American Footprint with New Facility in Costa Rica

Cartago, Costa Rica — Zollner Elektronik AG, a prestigious German company specializing in electronic manufacturing and engineering services, has embarked on a substantial expansion of its operations in Costa Rica. The announcement of a new $100 million facility in Cartago marks a significant milestone in Zollner’s strategic growth within Latin America. This expansion aims to enhance Zollner’s production capabilities and reinforce its presence in the region, reflecting the company’s confidence in Costa Rica’s robust investment environment.

The construction of the second plant is set to generate approximately 400 new jobs, targeting professionals such as technicians in electronics, and engineers in mechatronics and industrial production. This move not only signifies Zollner’s commitment to fostering local employment but also highlights its strategy to double its operational capacity in Costa Rica. The new facility is expected to play a crucial role in tripling Zollner’s exports from the country, which already reach about $109 million annually.

The quality attracts quality. This company is a global leader in producing high-value-added items. We are committed to attracting foreign direct investment to generate well-paid jobs for our citizens. We are excited to see Zollner expand its footprint in our country

Rodrigo Chaves, President of Costa Rica

The expansion was formally announced during a meeting between President Chaves and representatives from Zollner, where Octavio Matus, General Manager of Zollner Costa Rica, detailed the benefits of operating in Costa Rica.

Costa Rica is the ideal place for Zollner to continue growing in Latin America. We have found the support and conditions necessary to reinvest, build a new plant, and strengthen our supply chains with over 45 local suppliers

Octavio Matus, General Manager of Zollner Costa Rica

Zollner has been operational in Costa Rica since 2015, situated in a free trade zone in Cartago. The company’s existing operations have significantly contributed to the local economy, manufacturing high-value electronic products for sectors including automotive, aerospace, medical, and general electronics. This latest investment underscores Zollner’s long-term commitment to Costa Rica, aiming to leverage the country’s strategic advantages such as political stability, a skilled workforce, and a favorable business climate.

We are excited about the potential Costa Rica has to offer. There were competitive options for Zollner to expand in Latin America; however, we chose Costa Rica for its stability, educational system, manufacturing resources, and strategic location

Markus Aschenbrenner, CEO of Zollner Electronics, Inc.

The expansion includes the implementation of a shared services center for global engineering, marketing and sales, and supply chain management. This center is designed to streamline Zollner’s operations and enhance its service offerings, ensuring efficient and effective support for its clients across the Americas.

The arrival of Zollner is a clear example of the diversification of foreign direct investment origins that Costa Rica has been able to attract. We are thrilled to welcome such a prestigious company to further enhance our high-tech sector

Anabel González, Minister of Foreign Trade of Costa Rica

Zollner’s expansion in Costa Rica represents a pivotal development in the country’s economic landscape, showcasing the benefits of foreign direct investment in driving economic growth and technological advancement.

The new plant is not only a testament to Zollner’s growth strategy but also a significant boost to Costa Rica’s reputation as a prime destination for high-tech manufacturing investments.

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About Zollner Elektronik AG:
Zollner Elektronik AG is a global leader in electronic manufacturing services, offering a wide range of products and services across various industries, including automotive, aerospace, medical, and industrial electronics. Established in 1965, the company has grown to become one of the top 15 EMS providers worldwide, with a strong focus on innovation, quality, and customer satisfaction.

Costa Rica Business News
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