More Investment in Medical Device Manufacturing

In Costa Rica, the manufacturer of medical devices for continence and ostomy, Coloplast, has announced that it will be building a manufacturing plant in La Lima free zone, in Cartago.

Tuesday, May 15, 2018

"ltr">The company of Danish origin reported that " ...In January 2019, Coloplast will start operating in a temporary location, located next to what will be its new manufacturing plant. This will create the organizational bases for future expansion and let us get to know the local business environment."

See "Central America: $252 million in industrial plants"

From statement issued by Coloplast:

May 15, 2018. Coloplast is expanding its operation with a new manufacturing plant in Cartago, Costa Rica  

Coloplast is a global leader in products for ostomy and continence, and is one of the best performaning medical device companies in the world, growing at twice the speed of the market. Growth in demand for devices requires greater production capacity.  

"Coloplast is a leader in the global market and it is our goal to continue gaining market share. Therefore, we need to expand our global manufacturing footprint and we have chosen Costa Rica as the perfect place to set up our new manufacturing plant. In addition to increasing our global manufacturing capacity, we can support the significant future growth of the Americas market," said Coloplast's executive vice president of global operations, Allan Rasmussen.  

In January 2019, Coloplast will start operating in a temporary location, located next to what will be its new manufacturing plant.  This will create the organizational bases for future expansion and it will let us get to know the local business environment. During the first two years, Coloplast expects to employ approximately 100 workers.   

Read full release (in Spanish).

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An announcement has been made that the company Apollo Endosurgery is to set up a 1750 meter device manufacturing plant in the Coyol area in the province of Alajuela.

From a statement issued by the Costa Rican Coalition for Development Initiatives (CINDE):

Apollo Endosurgery, Inc., a US medical device company, today announced that it has chosen Costa Rica as a site to install its new manufacturing plant in Coyol, Alajuela, where it will develop a variety of products including LAP-BAND® System - the only device approved by the FDA for weight reduction in people with at least one health problem related to obesity and who have a Body Mass Index of 30 or more.

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