Resonetics opens its second manufacturing facility in Costa Rica

  • This second facility aims to enhance Resonetic’s production and technological
    development capabilities in the country.
  • Resonetics currently employs over 550 people and plans to create an additional 300
    positions over the next three years.
    Alajuela, August 29, 2024. With an investment of USD 10 million, the U.S.-based multinational
    Resonetics, which specializes in the development of key components for medical devices,
    inaugurated its second manufacturing plant in Costa Rica today, located in the Coyol Free
    Zone, Alajuela.
    This expansion aims to strengthen the company’s manufacturing and technological
    development capabilities in the country. The new 54.000 square feet building, which also
    includes new offices and advanced production areas, will complement the existing facilities
    within the same industrial park.
    “Resonetics is thrilled to be expanding our presence in Costa Rica. Since our initial investment
    in 2016 with just 16 employees, our Costa Rica site has grown to be our largest, with more than
    550 team members, and has been instrumental in our success serving our medical customers
    globally. Costa Rica’s thriving medical device ecosystem, highly skilled workforce, and strong
    government/industry collaboration have made this a location of choice to support Resonetics
    continued strong global growth,” stated Dave Mitchell, SVP Operations, Resonetics.
    In addition to the US$10 million investment made in the construction of this new plant,
    Resonetics plans to invest over US$15 million more in the next three years. This significant
    investment will not only drive the company’s growth but will also create 300 additional jobs.
    Individuals interested in joining Resonetics can apply for available positions through the
    following link: https://www.linkedin.com/company/resonetics-costarica/?
    viewAsMember=true
    “This second Resonetics facility in Costa Rica reaffirms the confidence that both national and
    foreign investors have in the support provided by the Government of the Republic. It also
    underscores the significance of the medical device industry in the country, which strongly
    believes in Costa Rican talent and human capital. We will continue to eliminate bottlenecks
    and bureaucratic obstacles to create a better business environment for the productive sector,
    thereby generating new employment opportunities. The Ministry of Economy, Industry, and
    Commerce celebrates business initiatives that drive innovation and technological
    development, further establishing the country as a strategic location for the global industry,”
    stated Francisco Gamboa, Minister of Economy, Industry, and Commerce (MEIC).
    “Costa Rica has become a world-class competitor in the medical industry. As a result, our
    country is home to more than 95 leading and specialized medical device companies.
    Resonetics’ commitment to growth and innovation reaffirms their trust in our human talent.
    With this announcement, Resonetics will be providing 300 employment opportunities for Costa
    Ricans, and we are confident that we can continue our collaboration to support their ongoing
    growth,” said Indiana Trejos, Vice Minister of Foreign Trade.
    Laura López, General Manager of the Trade and Investment Promotion Agency of Costa Rica
    (PROCOMER), stated, “Costa Rica is a global leader in the medical device industry, home to
    over 95 multinational companies and the top exporter of these products in Latin America. The
    expansion of companies like Resonetics further solidifies our position as a key hub for the
    sector, driven by our commitment to creating ideal investment conditions and aligning our
    workforce with industry needs”.
    The life sciences sector currently employs over 55,000 people in the country and exports 44
    different types of medical devices to various markets. During the first half of 2024, Costa Rican
    exports related to this industry exceeded USD 4.1 billion.
    About Resonetics
    Founded in 1987, Resonetics is a pioneer in advanced engineering, product development,
    prototyping, and manufacturing solutions for the life sciences industry. Resonetics is a leader
    in laser processing, nitinol processing, centerless grinding, thin-wall stainless steel & precious
    metal tubing, photochemical machining, microfluidics, sensor solutions and medical power.
    With strategically located AGILE Product Development centers and Lightspeed Labs,
    Resonetics is committed to quality, speed, innovation, and a great customer experience. The
    company is ISO 13485:2016 certified with 17 facilities and more than 2,600 associates in the
    United States, Canada, Costa Rica, Israel, and Switzerland. Learn more at
    www.resonetics.com.