SOURCE: CINDE - Costa Rican Investment Promotion Agency

CINDE - Costa Rican Investment Promotion Agency

June 26, 2015 16:47 ET

CINDE Announces: Cargill Inaugurated CBS Service Operation in Costa Rica

Company Hired 200 People for Its New Operation Services in the Oficentro El Cafetal, in La Ribera de Belen; The Company Will Hire Employees With Training in Finance and Human Resources

SAN JOSE, COSTA RICA--(Marketwired - Jun 26, 2015) - The multinational company Cargill opened its Cargill Business Services (CBS) center in Costa Rica. This business unit will provide services to the Americas in the areas of Finance and Human Resources, and in the future it will add services in information technology, strategic sourcing, transportation and logistics.

Cargill decided to accelerate its adoption of shared services for their global businesses to have increased focus on customers, innovation and competition.

The President of the Republic, Luis Guillermo Solis, said, "Cargill CBS honors Costa Rica to trust the national talent to carry out its new services project. We hope that in the coming months the company will give us more good news that benefit more Costa Ricans by providing quality jobs."

The Minister of Foreign Trade, Alexander Mora, said, "Foreign investment continues to generate new opportunities for well-paid jobs for Costa Ricans. Cargill is a clear example of how multinational companies decide to expand their operations in Costa Rica to bring new business and give value added to their business hand in hand with Costa Ricans."

Kathy Fortmann, president of Cargill Business Services, commented, "The selection of Costa Rica as one of the locations for the CBS center shows the strategic importance of the country for Cargill, which celebrates its 150th anniversary worldwide."

The Managing Director of CINDE, Jorge Sequeira, said, "The services sector remains the most dynamic in job creation amongst the sectors of foreign investment that CINDE works. This sector recorded an average annual generation of 3,500 to 4,000 high-quality jobs related to information technology, administration, finance, accounting, and engineering, among others. We thank Cargill for having taken the decision to install its new operation in Costa Rica. We are confident it will continue to grow robustly."

Costa Rica was elected for the installation of the shared services center mainly because it is close to the business of the company and its workforce is of very high quality. Cargill has been operating in Costa Rica since 1999, acquiring the processed meats company Cinta Azul, and tripling in size in 2011 with the acquisition of Pipasa.

Today, with three business units, Cargill Animal Nutrition, Cargill Meats Central America and Cargill Business Services (CBS), their locations employ more than 4,500 people in the country.

About Cargill.
Cargill provides food, agricultural, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, helping people thrive by applying our expertise and 150 years of experience. We have 143,000 employees in 67 countries who are committed to feeding the world in a responsible manner, reducing environmental impact and improving the communities in which they live and work. For more information visit our Cargill.com and News Center Website: www.cargill.com

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