The management of Bekaert has announced the decision to cease all Dramix steel fiber manufacturing operations in Orotina, Costa Rica, and to close the respective entity, Bekaert Costa Rica SA.
The management has informed the employees about the decision and has expressed its intention to offer guidance and support to mitigate the social impact. Among other initiatives, Bekaert plans to offer employment transfer for 20 part-time employees to the company’s neighboring steel wire plant, BIA Alambres Costa Rica SA.
The high cost base of the entity and increased competitive price pressure in the construction markets served in Latin America, have
The management has informed the employees about the decision and has expressed its intention to offer guidance and support to mitigate the social impact. Among other initiatives, Bekaert plans to offer employment transfer for 20 part-time employees to the company’s neighboring steel wire plant, BIA Alambres Costa Rica SA.
The high cost base of the entity and increased competitive price pressure in the construction markets served in Latin America, have
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