AdvancedCath said it’s opening a new, 20,000-square-foot facility in Costa Rica to make its line of catheters and components for OEM customers.
AdvancedCath, which is a rollup of sister companies AdvancedCath Technologies, MP&E and TechDevice, already has facilities in Boston, Minneapolis and San Jose, Calif., according to a press release. The new plant is in San Rafael, Costa Rica, according to the release.
"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." president & CEO Randall Sword said in prepared remarks. "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."