Costa Rica Business News
  • July 13, 2024
  • Last Update July 12, 2024 7:56 am

Boosting Global Network DDS Lab Inaugurates Cutting-Edge Production Plant in Costa Rica

Boosting Global Network DDS Lab Inaugurates Cutting-Edge Production Plant in Costa Rica

Alajuela, Costa Rica — DDS Lab, a leading full-service dental laboratory in the United States, has inaugurated its first Latin American facility and third worldwide, located in the Costa Rica Green Valley Free Trade Zone.

This milestone positions DDS Lab as a pioneer in the medical sector, extending operations beyond Costa Rica’s Greater Metropolitan Area (GAM).

Spanning approximately 10,000 square meters, this new facility marks a significant expansion in DDS Lab’s production capabilities.

The opening of our new laboratory marks a significant milestone in DDS Lab’s history. This inauguration not only celebrates the enhancement of our manufacturing capacity and its benefits but also our access to the country’s technologically advanced life sciences hub and highly skilled workforce. Our DDS Lab team in Costa Rica has impressed us over the past months, and their efforts have already made a positive impact on our clients and their patients.

Chuck DiNardo, CEO of DDS Lab

Costa Rica’s strategic focus on fostering a robust business environment has positioned it as the epicenter of commerce in Central America.

With a conducive ecosystem for high-tech industries and an emphasis on sustainable development, the country continues to attract multinational corporations. The recent influx of global companies, such as DDS Lab, underscores Costa Rica’s appeal as a hub for innovation and investment.

We are proud to see Costa Rica gaining ground in the life sciences sector, which brings prestige and opportunities to our country. The inauguration of DDS Lab’s manufacturing plant in Grecia is a milestone as the first medical sector company to start commercial production outside the GAM, already employing over 80 people with significant growth projections. Thanks for trusting in our talent, today we are proving that highly qualified talent can be found outside the GAM.

Manuel Tovar, Minister of Foreign Trade

DDS Lab currently employs around 80 individuals, with 61% being women and 90% of the workforce hailing from local communities, including Grecia, San Ramón, Naranjo, Palmares, Sarchí, and Atenas. By the end of 2024, the company aims to reach 100 employees and has a vision to create 1,000 jobs in the region over the next five years.

We are dedicated to continuous improvement and supporting our staff and neighboring communities. Our goal is for DDS Lab Costa Rica to become a source of direct and indirect benefits for Grecia.

Alexander Segura Altamira, Plant Manager of DDS Lab in Costa Rica

DDS Lab’s integration of cutting-edge technology and highly automated processes ensures the delivery of premium products, including crowns, bridges, dentures, dental implants, night guards, and orthodontic appliances.

This expansion not only amplifies the company’s production capacity but also sets a benchmark for future investments in the region.

We are pleased to celebrate the official commencement of DDS Lab’s operations, representing the ongoing investment of multinational companies in our country’s development. We are firmly convinced that the western region possesses the talent and potential required to continue advancing in its growth and development, coupled with the work-life balance offered by Costa Rica Green Valley.

Alfredo Volio, Executive Director of Portafolio Inmobiliario, the developer behind Costa Rica Green Valley

The country’s commitment to education, skilled workforce, and favorable business policies make it an attractive destination for companies seeking growth in the region.

The life sciences sector, in particular, has seen remarkable growth, with over 90 medical device companies generating more than 55,000 jobs and exporting products worth over $2.5 billion between January and April this year, according to PROCOMER.

Costa Rica stands out for its potential and the quality of its talent. The new DDS Lab facility sets a precedent, positioning the country as an ideal destination for attracting new investors and high-tech companies. This development will strengthen our economy, create quality jobs, and improve the well-being of various communities across the country. Additionally, it challenges us to continue developing talent both inside and outside the Greater Metropolitan Area to meet the needs of companies investing in Costa Rica.

Laura López, General Manager of the Costa Rican Foreign Trade Promotion Agency (PROCOMER)

The investment by DDS Lab in Costa Rica sends a clear signal to companies worldwide that Costa Rica is an optimal destination for their investments.

With a highly qualified workforce and strong ties to new generations who are increasingly proficient in English, Costa Rica offers an unparalleled environment for business growth. This strategic move by DDS Lab highlights the country’s robust potential, ensuring that businesses can thrive and expand in a dynamic and supportive landscape.

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About DDS Lab:
Founded in 2005, DDS Lab is a full-service dental laboratory certified by the National Board for Certification in Dental Laboratory Technology (NBC). Operating and owning laboratories globally, DDS Lab ensures an efficient client experience and high-quality laboratory solutions, guaranteeing continuity in supply. Their innovative approach addresses both simple and complex dental challenges, with a commitment to superior quality and exceptional customer service.

Costa Rica Business News
Founded in 2004, TicosLand has firmly established itself as a pivotal resource for the corporate community in Costa Rica. Catering to a substantial international readership, TicosLand provides timely and essential updates and press releases pertaining to the myriad businesses operating within Costa Rica.

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