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

Novak Djokovic Steps Away from PTPA, Citing Transparency Issues

Novak Djokovic, the 24-time Grand Slam champion, has ended his association with the Professional Tennis Players Association (PTPA), the players' group he helped establish...

Panama’s Noriega Sets Precedent for U.S. Capture of Maduro in Venezuela

The recent U.S. military operation that led to the capture of Venezuelan President Nicolás Maduro echoes a chapter from Latin American history: the 1989...

Panama Reports Rising Criminal Pressure as Cocaine Flow Surges

Panama ruled out on Wednesday that the Gulf Clan, Colombia’s largest drug-trafficking cartel, maintains a permanent presence in its border areas, though it reported...

Political Campaigns Ramp Up in Costa Rica as Holiday Ban Ends

With the new year underway, Costa Rica's political scene shifts back into high gear. The mandatory holiday truce on campaigning, enforced from December 16...

Visit Top Costa Rica Museums on Your Next Trip

Costa Rica’s best museum days do two things at once: they teach you what you’re seeing out in the country and they give you...

Environmental Concerns Prompt Calls to Halt Ocean Cove Project in Manuel Antonio

A tourism and residential development in Manuel Antonio faces growing scrutiny as local figures push for a construction stop due to alleged harm to...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica