By Alajuela, Costa Rica — Resonetics, a leading U.S.-based manufacturer of medical device components, has significantly expanded its presence in Costa Rica with the inauguration of its second manufacturing plant in the Coyol Free Zone, Alajuela.
This new facility, which represents a $10 million investment, underscores the company’s commitment to enhancing its manufacturing capabilities and technological development in the region. With this expansion, Resonetics aims to strengthen its role within Costa Rica’s burgeoning medical device sector.
The newly established 5,000 square meter facility is set to augment Resonetics’ existing operations in the same industrial zone, incorporating advanced production areas and modern office spaces to support sophisticated manufacturing processes. This strategic move is designed to bolster the company’s production capacity and better serve its global clientele.
We are proud to expand our footprint in Costa Rica. Since our initial investment in 2016, this site has grown from 16 employees to over 550, becoming a critical component of our global success in the medical sector
Dave Mitchell, Senior Vice President of Operations at Resonetics
Looking ahead, Resonetics has announced plans to invest an additional $15 million over the next three years, further cementing its commitment to growth and innovation in Costa Rica.
This new plant reaffirms the trust that both national and foreign investors have in Costa Rica. We continue to focus on reducing bureaucratic hurdles to foster a more favorable business climate
Francisco Gamboa, Minister of Economy, Industry, and Commerce
This continued investment is expected to create 300 new jobs, contributing to the local economy and offering new opportunities for the skilled workforce in Costa Rica.
The expansion has been met with strong support from local government officials, who see Resonetics’ growth as a testament to Costa Rica’s conducive environment for foreign investment and the development of high-value industries.
Costa Rica’s position as a hub for medical device companies is strengthened by expansions like that of Resonetics
Laura López, General Manager of PROCOMER
Costa Rica has become a significant player in the global medical device industry, hosting over 95 multinational companies specializing in this sector.
The country’s strategic focus on attracting high-tech industries is reflected in the sustained growth of the life sciences sector, which currently employs more than 55,000 people and has generated over $4.1 billion in exports during the first half of 2024.
Resonetics’ commitment to growth and innovation reflects the confidence in our human talent
Indiana Trejos, Deputy Minister of Foreign Trade
Resonetics’ decision to expand its manufacturing capabilities in Costa Rica is a strategic move that leverages the country’s robust ecosystem of highly qualified talent and a supportive industrial environment. By choosing to grow its operations here, Resonetics not only enhances its own capabilities but also contributes significantly to Costa Rica’s economy and its positioning as a leader in the medical device industry.
For further information, visit resonetics.com
About Resonetics:
Founded in 1987, Resonetics is a pioneer in advanced engineering, product development, prototyping, and manufacturing solutions for the life sciences industry. The company is a leader in laser processing, nitinol components, guidewire grinding, stainless steel and precious metal tubing, photochemical machining, microfluidics, and medical sensor solutions. Resonetics is committed to quality, speed, innovation, and exceptional customer service.
