Medical Devices: New Investment in Costa Rica

The company Medtronic inaugurated in Coyol Free Zone its new plant dedicated to the manufacture of precision medical devices, an investment with which it seeks to double its operations in the country.

Wednesday, September 11, 2019

Medtronic has a commercial presence in Costa Rica since 2015. Between 2017 to date, it has grown from 140 to more than 500 employees, and its plant manufactures components for medical devices used for spine surgeries, which are sold in several parts of the world, reported the Costa Rican Coalition of Development Initiatives (Cinde).

You may be interested in "Central America: $240 Million in Industrial Investments

The Cinde statement says that "... Geoff Martha, executive vice president and president for Medtronic's Restorative Therapies Group (RTG) said: "We know that Costa Rica has become an important commercial destination for the innovative medical device industry. The country's good conditions for investment, qualified human talent and strategic geographic location drove us to expand our operations."

The statement issued on September 11 adds that "... With this announcement, the company consolidates its position as the largest employer of precision mechanics in the country, and begins a process to double the operation and the number of jobs in the country, which is expected to be completed in the medium term.

Do you need more information about your business sector?

Request more information:









this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Medical Devices: New Investment in Costa Rica

December 2020

Between 2020 and 2023 Nevro plans to invest $21 million in the commissioning of an industrial plant of more than 3 thousand square meters in the Coyol Free Zone, in Alajuela.

The company based in California, United States, is dedicated to the manufacture of medical devices that are demanded by patients suffering from debilitating chronic pain, reported the Costa Rican Coalition of Development Initiatives (Cinde).

Medical Devices: New Plant in Costa Rica

October 2019

After investing $100 million, Edwards Lifesciences opened its second heart valve manufacturing plant in La Lima, Cartago.

The 24,455-square-meter industrial plant is located in the La Lima Free Zone industrial park, according to the Costa Rican Coalition of Development Initiatives (Cinde).

Medical Device Plant Investment

October 2018

The medical device manufacturer Precision Concepts Medical Technologies will invest $5 million in the construction and operation of a new plant in Costa Rica.

According to the Costa Rican Coalition of Development Initiatives (Cinde), the health sector company's investment will focus on the construction of a building and the implementation of state-of-the-art technology.

Costa Rica: Medical Device Plant Inaugurated

October 2016

With an investment of $55 million the global company Smith and Nephew has started operating a new plant in Alajuela for manufacturing orthopedic devices.

From a press release issued by Smith Nephew:

British company expands operations in Costa Rica and expects to create up to 250 additional jobs for the next two years. 

 close (x)

Receive more news about Health & Medicine

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Sep 16)
Brent Crude Oil
75.05
Coffee "C"
187.75
Gold
1,755
Silver
22.79