28-05-2024 | Alajuela, Costa Rica - Our partner Cadence, Inc., a medical device contract manufacturing organization (CMO) and strategic partner for leading global medical device OEMs, announced the grand opening celebration of their facility in Costa Rica. The celebration is a significant step in the company's continued commitment to growth, innovation, and investment to best meet the needs of MedTech partners worldwide.The grand opening brought together industry leaders, government officials, and honored guests to commemorate the facility's inauguration. "We believe our location in the Coyol Free Zone is a competitive advantage for Cadence and are proud to be a part of this thriving medical technology sector," said Adrian Casares, Director of Operations, Cadence Costa Rica. Cadence's newly remodeled manufacturing facility offers a state-of-the-art International Organization for Standardization (ISO) Class 7 cleanroom, finished device assembly capacity, value-add services and vertically integrated precision machining technologies, delivering exceptional manufacturing solutions for their customers. "Costa Rica offers a strategic location, a talented workforce, and a sustainable environment, making it the ideal destination for expanding our operations outside of the United States," stated Cadence's President and CEO, Rob Werge. "Today's celebration is a testament to Cadence's commitment to better supporting our customers' evolving needs while providing nearshore capacity in growing medical device manufacturing. "Cadence anticipates expanding its current capabilities in Costa Rica, allowing growth to reach full plant capacity of $40 million dollars in revenue and doubling its workforce. Cadence's current and future investments in Costa Rica highlight the long-term commitment to helping advance medical device technologies, creating job opportunities, and contributing to the local economy.