Heraeus Medical Components announced that it has recently opened its new manufacturing facility in Costa Rica where the company is expected to produce more than two million guidewires this year.
The new facility, located in Cartago, Costa Rica, was designed to supply local and U.S.-based medical device companies with advanced component and sub-assembly solutions. The facility is a 5,400 sq. meter manufacturing site that began construction in May 2016. The construction was completed in June 2017 and allows Heraeus to triple its workforce to over 160 employees and is expected to double that number by 2020.
The devices created by Heraeus are mostly critical access and deliver tools that are used to precisely deliver treatment in cardiac and vascular procedures. Because the company anticipates producing over two million cardiovascular access guidewires this year, the Cartago-based facility was designed to double the manufacturing footprint for future expansion.
Costa Rica’s president Luis Guillermo Solís attended the grand opening, as well as the chairman of the Heraeus Board of Management Jan Rinnert.
“The expansion of the Heraeus company is a demonstration of the good conditions of Costa Rice as an investment destination, since it has qualified human talent, economic and polecat stability that guarantee strengthening of its operation,” said President Solís. “In addition, in this specific case, the impulse to attract investment in provinces is fulfilled, which, like Cartago, has enormous potential to generate employment and well-being in specialized areas such as medical devices and technology.”
The company current has over 100 subsidiaries in 40 countries and employees about 12,400 people worldwide.
“Heraeus Medical Components employees here in Costa Rice and around the world are guided by a sacred mission: to produce medical components and solutions that extend and enhance the lies of patients,” Rinnert said. “There is not a more noble purpose than that. With Cartago’s skilled workforce and Costa Rica’s strong business clime and medtech community, we are excited to expand our presence here.”