Dole Food Company and Fresh Del Monte report plant closures in Costa Rica

Dole and Del Monte are closing plants in Costa Rica as a result of the falling dollar and low production.

New reports in Costa Rica have revealed that US-based fresh produce multinationals Dole Food Company and Fresh Del Monte are to close facilities in the country as a result of higher operational costs caused by the drop in value of the dollar.

The Standard Fruit Company, the Costa Rica-based subsidiary of Dole, is to shut down its container yard in Limón, according to Inside Costa Rica, with Standard's vice-president Juan Carlos Rojas telling the publication that further closures could follow.

Original source: Fruitnet