$40 million to be invested by St. Jude Medical in Costa Rica

The company, which develops medical devices, is building a 20,000 m2 plant in Coyol, Alajuela.

Thursday, January 15, 2009

Elfinancierocr.com reports: "It is expected that in 2010 some 500 workers will be manufacturing medical devices.

Initially the branch in Costa Rica will be used to expand production of medical devices for its line of heart valves."

More on this topic

Sealed Air Begins Operations in Costa Rica

March 2012

The multinational Sealed Air Corporation has opened an office in Costa Rica, its second in Latin America.

Operations began on Wednesday at the San Jose headquarters of the transnational Sealed Air Corporation, a leader in specialty packaging for the medical device industry.

Costa Rica: Opening of Medical Equipment Factory

September 2010

A $40 million investment by St. Jude Medical has enabled the development of this new manufacturing facility.

The factory, located north-west of the Costa Rican capital in El Coyol de Alajuela, will make heart valves and cardiac monitoring equipment.

"Dan Starks, St. Jude Medical's president, CEO and Chairman, commented that the firm plans to invest more than $670 million in infrastructure, salaries and capital over the next five years since in addition to the manufacturing facility it also intends to open a medical training center in 2011," reports Ana Cristina Camacho for Elfianancierocr.com.

Baxter Expands Costa Rican Operations

November 2009

The multinational company, who produces medical devices, will move its Latin American financial operations to the country.

Baxter will proceed to move to Costa Rica the financial administration of Puerto Rico, and next year it will bring those of Argentina, Chile and Colombia. Mexico and Brazil will follow in 2011.

Medical Multi-National Starts Operations in Costa Rica

February 2009

Precision Wire Components, a business that develops medical devices that are used in cardiovascular surgeries, inaugurated its plant in Heredia.

Nicaraguahoy.info publishes in its website: "The opening of operations in Costa Rica had an investment in the to $1 million range and provided employment to twenty specialized Costa Rican workers who received six months of training in the company's central headquarters in Oregon, United States."

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