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Tegra buys plant in Costa Rican tax-free trade zone amid cluster of medical-device firms

Wednesday, June 30, 2010

Tegra Medical has acquired a San Jose, Costa Rica-based manufacturing plant.

The Franklin, Mass.-based contract manufacturer bought the 20,000- square-foot facility from Penn United Technologies, a manufacturer of metal components and assemblies. Tegra currently has 200,000 square feet in manufacturing space across four locations.

The plant is in Global Park, a tax-free trade zone where several other medical device companies run facilities, Tegra said. The country's medical device manufacturing industry is growing and employs over 9,000 workers.

Original source: Mass Device