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AdvancedCath Announces the Opening of New Costa Rica Manufacturing Facility
AdvancedCath adds high volume manufacturing capacity.
WATERTOWN, Mass., August 13, 2014 -AdvancedCath is pleased to announce the opening of its new 20,000 square foot manufacturing facility in Flexipark Free Trade Zone located in San Rafael, Costa Rica. Under the leadership of General Manager Jorge Chaves, AdvancedCath Costa Rica will manufacture sophisticated guidewires, advanced catheters components and complete balloon catheter solutions. Combined with the facilities in Boston, Minneapolis and San Jose, California, AdvancedCath provides scalable manufacturing solutions to support customers throughout their product’s lifecycle from prototype fabrication to pilot production and high volume manufacturing.
“We are excited by the expansion of AdvancedCath into Costa Rica to support our rapid growth. We are pleased with the support we received from the Costa Rican government and the infrastructure they created that enabled the rapid build-out and opening of our new facility.” said Randall Sword, President and CEO of AdvancedCath. “The favorable business environment in Costa Rica, educated workforce and strategic location makes good sense for our company and our customers. We are excited about being a part of Costa Rica’s growing medical device community.”
AdvancedCath provides medical device OEMs the ability to better optimize their supply chains and reduce product costs by providing flexible production services matched to meet their needs. Medical Device companies large and small turn to AdvancedCath for its speed, expertise and flexibility. AdvancedCath’s experts help customers refine their design and implement a custom manufacturing solution. Whether it is to support a "one-off" R&D build or high volume manufacture, AdvancedCath has superior capabilities to take on any size project.
AdvancedCath, formerly AdvancedCath Technologies, MP&E and TechDevice, is the leading source of advanced catheter systems. AdvancedCath designs, develops, manufactures highly engineered catheter and guidewire systems, related components and sub-assemblies including extrusions, balloons, coils, ground cores, and braided sheaths. AdvancedCath works closely with leading medical device OEMS to develop and manufacture medical devices focused on complex interventional and endosurgical procedures. AdvancedCath is 100% Medical ISO 13485 Certified.
About Inverness Graham
Inverness Graham is an operationally focused, lower middle market private investment firm headquartered in Philadelphia. Inverness Graham acquires high growth, innovative manufacturing and service companies. The firm has more than $250M of assets under management.