The Minnesota, U.S.A-headquartered company, Intricon, a medical devices producer, announced the opening of their operations in Costa Rica.

According to the company, they are in the process of opening its first plant for developing and manufacturing medical devices with integrated microelectronics, biosensors, and electromagnetic navigation (EMN) sensors.

The start of operations is planned for late 2024 in the Evolution Free Trade Zone currently under development in Grecia Canton in Alajuela Province.

“This undertaking will provide the company with the capacity to meet our growth expectations, provide our customers with another low-cost manufacturing option, and enable proximity to targeted customers," said Scott Longval, CEO of Intricon.

The company is in the process of hiring 150 who will join a global team with extensive experience and an exclusive focus on sensor-embedded devices for medical applications. Those interested in applying for a job vacancy should visit their career website.

The company has operations also in Indonesia and Singapore.

According to the Ministry of International Trade (Comex), Costa Rica is host to 13 of the top 20 original equipment manufacturing companies.

Even though new businesses are creating jobs, unemployment remains at 9.6%, according to the National Employment Survey. 

Data recorded from May to June 2023 shows more than 225,000 people without registered jobs. Of these, 116,000 are men, making up 51% of the unemployed people in the country.

Intricon is one of many U.S. firms investing in Costa Rica.  Recently, the Chicago, Illinois, U.S.- headquartered company, Jones Lang LaSalle Incorporated (JLL), a real estate investment management service, announced the expansion of its operations in Heredia Province.

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