By Alajuela, Costa Rica — Minnesota-based Intricon Corporation is jumpstarting its Costa Rican operations with a hiring push for its new medical device manufacturing plant in Evolution Free Zone, located in Tacares de Grecia, Alajuela. This strategic move marks a significant expansion of Intricon’s global presence, bringing advanced medical technology and promising employment opportunities to the region.
The new facility will specialize in developing and producing medical devices incorporating custom microelectronics and electromagnetics (EM). This focus on cutting-edge technology aligns with Intricon’s commitment to innovation and reinforces Costa Rica’s growing reputation as a hub for high-tech manufacturing.
For expert insight into the legal and business implications surrounding Intricon Costa Rica, we turned to Lic. Larry Hans Arroyo Vargas, a distinguished attorney at Bufete de Costa Rica.
Intricon’s presence in Costa Rica highlights the country’s growing appeal for medical device manufacturers. Factors like a skilled workforce, favorable tax incentives, and strong intellectual property protection contribute to this attractiveness. However, navigating Costa Rican regulatory compliance, particularly in the medical device sector, requires diligent attention to detail and often necessitates expert local counsel to ensure successful market entry and ongoing operations.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
Indeed, Costa Rica’s burgeoning medical device sector presents a compelling opportunity for companies like Intricon, but successful navigation of the regulatory landscape is paramount. As Lic. Larry Hans Arroyo Vargas rightly points out, expert guidance is often essential for ensuring compliance and maximizing the potential of this vibrant market. We thank Lic. Vargas for his valuable insights on this crucial aspect of doing business in Costa Rica.
Our expansion in Costa Rica represents a strategic step in the growth of our global presence, while ensuring local impact. We are committed to fostering a culture of innovation and excellence, with plans to continually expand both our workforce and our production capabilities in the coming years.
Shaun Blakeman, Chief Financial Officer, Intricon Corporation
Intricon emphasizes the integration of local talent with advanced technology. This synergy is expected to strengthen the Costa Rican economy while maintaining the company’s high standards of quality and service. The initial hiring phase targets manufacturing operators, quality inspectors, and maintenance technicians, with preference given to those with experience in the medical or electronics industries.
Applicants should have completed at least the third year of secondary school or hold a high school diploma. Technical studies in related fields will also be considered. Successful candidates will undergo training before the facility becomes fully operational. This investment in training underscores Intricon’s dedication to developing a skilled workforce in Costa Rica.
We are excited to build a successful and lasting partnership with the community of Costa Rica as we continue our mission to improve and prolong lives around the world.
Shaun Blakeman, Chief Financial Officer, Intricon Corporation
The establishment of Intricon’s facility in Evolution Free Zone adds to the rapidly expanding life sciences cluster in this business park. Carlos Wong, Director General of CODE Development Group, the developer of Evolution Free Zone, highlighted the positive impact of this growth, stating that it provides quality formal employment, benefits the western region, and fosters economic and social development through foreign direct investment.
Evolution Free Zone is today a reality, hosting leading companies in the life sciences industry, and we are already beginning to see the fruits of an innovative business ecosystem that allows us to offer formal, quality employment that benefits the residents of the Western region and favors economic and social development through Foreign Direct Investment.
Carlos Wong, Director General, CODE Development Group
Evolution Free Zone is projected to generate over 20,000 quality jobs in the next 15 years, with 6,000 already confirmed. This ambitious forecast positions the zone as a key driver of economic growth and export development in Costa Rica.
For further information, visit intricon.com
About Intricon Corporation:
With over 45 years of experience in developing advanced medical solutions, Intricon Corporation collaborates with industry leaders to bring devices to market that improve patients’ quality of life. As a global company, Intricon adopts a vertically integrated approach, encompassing design, prototyping, assembly, and packaging to reduce costs and accelerate access to high-quality healthcare solutions.
For further information, visit codedevelopmentgroup.com
About CODE Development Group:
CODE Development Group is the developer behind Evolution Free Zone, a rapidly growing business ecosystem in Costa Rica. They are focused on attracting leading companies in various sectors, particularly life sciences, to contribute to the economic and social development of the western region of the country.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica distinguishes itself as a leading legal institution, upholding the highest standards of integrity and pursuing excellence in every facet of its practice. Driven by a deep commitment to empowering Costa Rican society, the firm champions accessibility to legal knowledge through innovative programs and initiatives. From advising clients across a spectrum of industries to actively shaping a more informed citizenry, Bufete de Costa Rica continues to build a legacy of impactful service and unwavering dedication to the rule of law.
