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Ball Horticultural to invest $15 million in hydroponic project in Nicaragua. Others in Costa Rica and Guatemala

Friday, September 30, 2011

Ball Horticultural, a US company and one of the leaders in ornamental plant cuttings and seed production in the world, recently announced it will develop a $15 million hydroponic project in Nicaragua through its subsidiary company Las Limas.

This company, which will become the first major floriculture project with the latest technology in the country, will create approximately 900 jobs, of which nearly 80 percent will be women.

Currently, the company produces seeds and seedlings for worldwide distribution through its farms in Costa Rica, Guatemala, Chile, United States, Portugal and China.

Original source: Stock Markets Review (press release)