- Published: Thursday, January 23, 2020-
ATL Technology expands operations in Costa Rica
By the A.M. Costa Rica staff and wire services
The Utah-based ATL Technology, an interconnect development and manufacturing partner of top medical device firms, Wednesday announced the expansion of its Costa Rica operations and the divestiture of its Catheter Research, Inc., business unit to Biomerics located at Flexi Park, in San Rafael in Alajuela.
"With the increase in interconnect manufacturing demand in Costa Rica, we wanted to put ourselves in a better position to serve our customers and live our mission of bringing impactful medical devices to market," said Brad Brown, CEO of ATL. "This expansion will help us do that."
The expansion, which will add over 9,000 square feet of manufacturing space, is one step in ATL's strategic Costa Rica growth plan.
ATL has been operating in Costa Rica since 2013. Since that time, the operations have grown to include over 85 employees and 22,000 sq. ft. of manufacturing space, helping supply some of the top medical device companies in the world with cutting-edge interconnect solutions.
This announcement comes on the heels of ATL's decision to divest its catheter business unit.
CRI, a manufacturer of interventional catheters and medical device assemblies with locations in Costa Rica and Indiana, was purchased by ATL in a joint venture with Biomerics in 2018.
"Acquiring and running CRI enabled us to learn some valuable lessons about catheter development and manufacturing, which we can use to help our customers moving forward," said Brad. "We plan on investing the proceeds from the sale in our internal R&D and growth initiatives."
To celebrate the Costa Rica expansion, ATL will be hosting an open house on Friday. The open house will be by invitation only.
ATL will also be discussing the plant expansion, the future of interconnect systems and the latest medical device technology at its exclusive event, Beyond West, at MD&M West in February.
ATL is currently hiring at the Utah headquarters, more information can be reached at company site.
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