Appliance manufacturer to lay off 350 workers in Costa Rica

May 7, 2014

Mexican appliance manufacturer and distributor MABE will close its stove division in Costa Rica, terminating 350 jobs.

MABE’s General Manager for Central America Diego Artiñano said the company will focus its operations in the country on manufacturing refrigerators for the local market and export.

Layoff notices began arriving on Tuesday for a first group of employees whose jobs end next month.

Most of the terminated jobs are in manufacturing, but some administrative jobs also will be eliminated. The process will last through September, Artiñano said.

The company began operating in Costa Rica in 2008 after acquiring a local appliance company. Currently, the company employs 950 workers at facilities in the province of Heredia.

Artiñano said the changes would not affect the availability of products or customer support in the region.

“The decision is part of our plans to maintain our leadership in Central America. Our company is commited to secure a proper, transparent and respectful transition according to Costa Rican laws,” he added.

MABW was founded in 1946 and designs, produces, and distributes appliances to more than 70 countries. It also holds the rights to distribute products in Latin America under a variety of well-known brands such as GE.

Costa Rica’s industrial sector this year has been hit hard by layoffs. Last month, Intel and Bank of America announced 3,000 jobs would be terminated this year.

President-elect Luis Guillermo Solís on April 30 said he would travel to the U.S. to court investors, and he pledged to maintain and improve the business climate in Costa Rica.

Facebook Comments

You may be interested

Brazil arrests eight Vale employees over mining dam disaster
Brazil
341 views
Brazil
341 views

Brazil arrests eight Vale employees over mining dam disaster

Rosa Sulleiro / AFP - February 15, 2019

Brazilian authorities arrested eight employees of mining giant Vale on Friday over a dam collapse at one of its mines…

Off the eaten path: Ristopizza Napolitano A Vit è N’Attim
Dining and Nightlife
651 views
Dining and Nightlife
651 views

Off the eaten path: Ristopizza Napolitano A Vit è N’Attim

William Ayre - February 15, 2019

In late September of 2016, the D’Angelo family moved from Naples, Italy to Playas del Coco, Costa Rica. Now they’re…

Pic of the Day: Costa Rica from the air
Pic of the Day
693 views
Pic of the Day
693 views

Pic of the Day: Costa Rica from the air

The Tico Times - February 15, 2019

Sometimes it's necessary to take a step back for perspective. But this shot shows what most of us already know:…