No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveFlorida's loss is Costa Rica's gain with Boston Scientific

Florida’s loss is Costa Rica’s gain with Boston Scientific

Boston Scientific, a top-tier producer of medical devices, has announced it will shutter its plant in Miami, Florida, and move operations to Costa Rica.

“As we recently informed our employees, we have decided to close our Miami manufacturing facility, which we expect to occur by the end of 2011,” Boston Scientific said in a statement e-mailed to The Tico Times.

“This decision was made as part of our previously announced strategy to reduce complexity and improve efficiencies across our global manufacturing network. Most of the products manufactured in Miami will be transferred to Boston Scientific´s facilities in Costa Rica,” the statement said.

The move by Boston Scientific – headquartered in Natick, Massachusetts – comes with plans to double its original 2004 investment in Costa Rica. The medical device maker employs 1,700 workers here and expects to see twice that amount in the next two years, according to Jorge Perera, vice president of the company´s Costa Rica operations (see Medical Manufacturer Expands Operations).

The company has nearly 29,000 employees, with 15,000 different products made in 26 plants worldwide.

The news of the Miami closure comes after a series of moves in which U.S. workers´ loss translates into Costa Rica´s gain.

Amway Global, a multi-level marketing group, recently announced plans to transfer 93 positions from its corporate office in Ada, Michigan to Costa Rica.

Back in April, Firestone opened a new air springs plant in Turrialba, a Caribbean slope town east of San José, after shedding jobs in Indianapolis, Indiana.

Daniel Shea contributed to this report.

Trending Now

Alex de Minaur Into Australian Open Quarterfinals with Dominant Win

Local favorite Alex de Minaur advanced to the quarterfinals of the Australian Open, after a commanding performance against Kazakhstan's Alexander Bublik. The sixth-seeded Australian...

U.S. Treasury Sanctions Hit Costa Rican Drug Network Tied to Cocaine Trade

The U.S. Department of the Treasury has sanctioned a prominent Costa Rican drug trafficking and money laundering group, highlighting our nation's position as a...

Costa Rica Hosts Inaugural Ibero-American Theater Festival

Our country will transform into a hub for performing arts this April as it hosts the first Ibero-American Theater Festival, known as FITCR. Running...

Why Costa Rica Traffic Fines Feel Out of Proportion on Rural Roads

I once got a speeding ticket for going about 30 kph over the posted speed limit on the Costanera Sur highway near Jacó. While...

Australian Open 2026 Opens With Star Power, Heat & Drama

The Australian Open is barely underway and already the storylines are piling up: top seeds pushed early, brutal heat testing bodies and patience, and...

Costa Rica Braces for Weekend Chill with Valle Central Temperature Drops

Costa Rica residents and tourists alike face colder mornings through the weekend, with temperatures in the Valle Central dropping by up to 4 degrees...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica