Yearly Archives: 2021

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Coyol Free Zone: a Key Player in Sustainable Real Estate Development

August 12th, 2021|

Given the extraordinary importance of climate protection and the central role that the building industry plays in this regard, Coyol Free Zone has developed its business guided by a sustainable management approach, developing the right conditions for multinational companies that are looking to invest with purpose. This is the vision that the park holds for its [...]

The Evolution of the Life Sciences Industry in Costa Rica

July 22nd, 2021|

The Medical Device cluster in Costa Rica began in 1987 with the installation of Baxter Healthcare. By the year 2000, there were already 8 companies of this industry operating in the country, and by 2009, 31 companies. To date Costa Rica has a very strong Medical Devices ecosystem, with more than 88 companies, including OEM’s (Original [...]

Coyol Free Zone: Ranked one of 2021’s Leading Companies in Central America and Dominican Republic

June 29th, 2021|

In its most recent edition, the business magazine Summa, featured Coyol Free Zone in its special "Leading Companies of Central America and the Dominican Republic 2021". The rankings spotlighted Coyol Free Zone as one of the leading companies in the region and placed it at the forefront of this century’s leadership. Through a rigorous study of [...]

Coyol Free Zone celebrates Establishment Labs’ third expansion project in the park

June 25th, 2021|

Latest project will generate 1,000 new jobs June 2021. Establishment Labs Holdings Inc. (Nasdaq: ESTA), one of the companies located in Coyol Free Zone, began the construction of its Sulayiöm Innovation Campus in Costa Rica. This is the third expansion project that the company undertakes in the free zone. The project adds to its world-class operation [...]

Establishment Labs Breaks Ground on Third Facility, Preparing to Expand Capabilities in Manufacturing, R&D, and Medical Education

June 23rd, 2021|

Facility will support Establishment Labs’ planned growth, including launches of Motiva® Flora® and of Motiva MIA®as well as geographic expansion into China and the United States. Builds on Establishment Labs’ world class manufacturing operations in Costa Rica; annual capacity will more than double to approximately 1,900,000 Motiva implants/year when fully operational. Will expand research & development [...]

Coyol Free Zone: Awarded as Latin America Free Zone of the Year 2021

June 16th, 2021|

June 2021. The specialized international publication, The European of the Thompson Reuters publishing house, named Coyol Free Zone for the second time in a row, Latin America Free Zone of the Year, and awarded it The Most Innovative Free Zone of The Year, and Business Hub for Life Science and Advanced Manufacturing in the Latin American [...]

Coyol Free Zone: First Free Zone to Implement Electronic Payment System on buses

June 9th, 2021|

August. Coyol Free Zone Park, specialized in Life Sciences, takes a new and instrumental step on its path towards sustainability. Starting this month, the Free Zone will implement an electronic payment system in 200 bus units, saving 2.5 tons of paper per year. Currently, this Park provides bus services for the 12,000 strong workforce who are [...]

First Sustainability Report: Coyol Free Zone promotes gender equality in job creation

June 3rd, 2021|

3,600 people have been hired by Coyol Free Zone recruitment services in recent years June, 2021. In 2020, of the 16,500 people who were working in the 30 companies located in the Coyol Free Zone (CFZ), 55% were women and 45% were men, most of whom were working in manufacturing across the different companies in the [...]

Freudenberg Medical Expands Costa Rica Operations

June 1st, 2021|

Additional cleanroom for catheter manufacturing, assemblies, and components BEVERLY, Massachusetts – Freudenberg Medical, a global contract design and manufacturing provider to the medical device industry, is expanding its manufacturing operations in Alajuela, Costa Rica. The expansion project adds 8,600 square feet to the existing facility which includes construction of an additional ISO Class 7 cleanroom for [...]

Hologic Costa Rica: Internationally recognized as Leading Manufacturer of the Year

May 26th, 2021|

Employs 800 local collaborators May. Hologic Costa Rica is the winner of three awards at the Manufacturing Leadership Awards Gala 2020-2021 at a time that has undoubtedly been one of the most challenging periods in history for companies worldwide. Located in Coyol Free Zone and with a 800-strong local workforce, Hologic Costa Rica has been awarded [...]

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