Resonetics announced today it has leased new manufacturing space in Costa Rica to more than double its production there.
The space, in a building near its current site in the Coyol Free Zone business park in Alajuela, will be expanded and reconfigured to create a 45,000 ft² production site. The move comes after the company added to its existing site in 2020.
“We continue to see tremendous growth opportunities across our business and are making investments in capacity throughout our manufacturing network,” said company president & CEO Tom Burns in a news release. “Our Costa Rica operation has done a terrific job serving our customers. We will expand our current capabilities and add nitinol processing to capitalize on the advantages of this operation.”
Opened in 2016, Resonetics’ Costa Rica factory has become the highest-producing site in the company’s 10-facility network, according to Don Jones, SVP of operations. The site operates 24/7, focusing on high-volume component and sub-assembly production for export and for the local medical device industry.
The site is focused on high-volume component and sub-assembly production for export and for the local medical device industry.
Resonetics is owned by Regatta Medical, a portfolio company of GTCR.