New Medical Device Plant in Costa Rica

Volcano Corporation, a manufacturer of precision medical devices, has opened its first manufacturing plant outside the U.S., with an investment of $40 million.

Thursday, November 8, 2012

A statement by Volcano reads:

Volcano inaugurates in Costa Rica its first manufacturing plant outside the United States

• The $40 million investment in its new facility in Costa Rica is the largest the company has made in its history and the first outside the United States.

• The operation in Costa Rica will employ up to 800 people by 2016.

San Jose, Costa Rica. November 8, 2012: Volcano Corporation (NASDAQ: VOLC), a world leader in developing and manufacturing medical devices for precision guided therapies designed to improve the diagnosis and treatment of coronary and peripheral vascular diseases, today hosted the official opening of a new modern manufacturing facility in Costa Rica.

The company has invested $ 40 million in its plant measuring more than 14,000 square meters in Costa Rica. It is a center of excellence for the company, engaged in manufacturing in high volume Volcano disposable devices, including Eagle Eye ® Platinum®, Revolution ® and Visions ® PV catheters as well as PRESTIGE ® Pressure guide cables. This capital investment is the largest in the history of the company and has the potential for future expansion within the plant.



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