In a bold move to expand its global footprint, Cretex Medical has officially broken ground on a new production facility in Cartago, Costa Rica. This 65,000 square foot state-of-the-art manufacturing and assembly plant is set to revolutionize the company’s operations, with doors expected to open in Q3 2025. Here’s why this matters.
A Strategic Move for Customer-Centric Growth
“Whenever we make an investment, the needs of our customers are central to our decision-making. As our customers continue to grow, it’s clear now is the right time to add an international footprint,” said Nick Morrison, Chief Operating Officer of Cretex Companies. Morrison emphasized that the decision to plant roots in Costa Rica was driven by a careful evaluation of various countries and communities. The goal was to find a location that would not only bring Cretex Medical closer to its global customers but also offer a labor market rich in the technical skills and talent needed to align with their domestic operations.
Costa Rica: The Perfect Fit
Medical technology is Costa Rica’s main export product, making it a hotbed for innovation and expertise in the field. The thriving medical device manufacturing community in Costa Rica offers Cretex Medical proximity to customers and a robust infrastructure poised for success. This includes a highly skilled talent pool, thanks to the presence of nearby technical schools and universities. Moreover, Costa Rica’s time zone aligns conveniently with Cretex Medical’s U.S. facilities, ensuring seamless collaboration across borders.
“As a family-owned, purpose-driven company, Cretex sought a location that aligned with both our business needs and our core values,” said Jeff Wollerman, CEO and President of Cretex Companies. “Costa Rica’s cultural emphasis on family and community, coupled with its status as a leading manufacturer of medical devices, made it an ideal match.”
Investment and Expansion Plans
Cretex Medical is not just dipping its toes into Costa Rican waters; the company plans to invest over $20,000,000 in its Costa Rica operations over the next few years. And this is just the beginning. There’s already a second expansion on the horizon, highlighting the company’s commitment to long-term growth and development in the region.
State-of-the-Art Facility
The new facility will be equipped with cutting-edge technology and manufacturing equipment, ensuring that Cretex Medical stays at the forefront of medical device innovation. This investment underscores the company’s dedication to maintaining high standards of quality and efficiency in their production processes.
Why This Matters
For those unfamiliar with Cretex Medical, this move signifies a major step forward in the company’s mission to provide top-tier medical device components to a global market. By establishing a presence in Costa Rica, Cretex Medical is strategically positioning itself to meet the growing demands of its international customer base while leveraging the skilled labor and business-friendly environment that Costa Rica offers.
A Win-Win Situation
This new facility is a win-win for both Cretex Medical and Costa Rica. For Cretex, it means access to a new talent pool and closer proximity to key markets. For Costa Rica, it means new jobs, increased investment, and further solidification of its status as a leader in medical device manufacturing.
What’s Next?
With construction underway, the anticipation builds as we look forward to the completion of the facility in 2025. This expansion is expected to bring significant economic benefits to the region and provide Cretex Medical with the resources needed to continue its growth trajectory.
In an industry where innovation and quality are paramount, Cretex Medical’s investment in Costa Rica is a strategic move that underscores the company’s commitment to excellence. By tapping into Costa Rica’s skilled workforce and leveraging its strategic location, Cretex Medical is poised to enhance its operations and better serve its global customer base.
So, as we await the grand opening of this cutting-edge facility, one thing is clear: Cretex Medical is set to make waves in the medical device industry, and Costa Rica is the perfect launchpad for this exciting new chapter.
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