“In Panama, we are partnering with a large contractor,” noted Kern. “There is rapid expansion in foreign investment pouring into this country stemming from expansion of world-wide distribution coming through the canal. We have seen a big push in the first and second tier processing services in the agricultural area. There is a need for custom systems construction for storage facilities for grains, barns, and equipment out buildings.”
Presidential has a solid partner network in the region, and this visit focused on maintaining those relationships and expanding the network.
“Systems construction engineering and design in the US is superior, and our building solutions are a major improvement in local construction techniques. In the past, there was not enough money in the economy to justify the investment, but recent foreign investment is fueling expansion.”