The large factory I showed yesterday is an Intel factory. Computer chips are Costa Rica's leading export. That's right. The original "banana republic" produces more export revenue from computer chips than it does from bananas, or coffee, and Costa Rica is well known for its coffee.
Quite sadly for Costa Rica, Intel has announced earlier this month that it will close its manufacturing in Costa Rica and transfer those jobs to Asia. That will be a loss of 1,500 manufacturing jobs. Intel will keep 1,200 jobs in its engineering and design facility and will add 200 more. This loss of high tech manufacturing jobs is a source of great concern in Costa Rica, of course, as I will explain further tomrrow.
This week we have photos from our recent cruise in Mexico's Sea of Cortez posted on our Viva la Voyage travel photo site.