- Production capacity will grow as total manufacturing space measures 120,000 square feet (more than 11,000 m2)
- Payroll will double as operational and engineering personnel are employed
April 2021. The global manufacturing company, SMC Ltd., once again has chosen Coyol Free Zone to double its operations in Costa Rica, extending manufacturing space to 120,000 square feet (more than 11,000 m²).
This is SMC’s third expansion in Coyol Free Zone in the last 10 years, underlining this important multinational’s confidence in the country. SMC also has operations in California, Wisconsin, Massachusetts, Ohio, India and the United Kingdom.
Upon completion of the expansion, this contract manufacturer of medical devices will have a new cleanroom that will increase its production capacity for assembly as well as expanding plastic injection molding operations and other secondary operations for existing and potential clients in the medical industry, both in Costa Rica and worldwide.
“SMC Ltd. is undoubtedly a supplier for companies strategically located in the Coyol Free Zone and other parks in the country. It is a leader in its field and affirms its commitment to the country by increasing its production capacity and providing high-caliber solutions for its clients from Costa Rica,” indicated Carlos Wong, Director of Coyol Free Zone.
Medical device manufacturing company
SMC Ltd. is a contract manufacturer for the medical, diagnostic and pharmaceutical industries. It settled in the country in 2010 and within 4 years it had doubled its production capacity. With this latest expansion, it strengthens its position in a specialized and 100% Costa Rican park, where it will also shortly double its payroll by employing operational and engineering personnel.
Francisco Sancho, SMC Costa Rica’s General Manager, pointed out, “With this expansion, we strengthen our commitment to the country, our people, and our clients. Costa Rica creates an excellent environment for us to operate, grow and develop with two fundamental elements: the skilled workforce that it has provided us over the years and the country’s support as part of the medical industry,” he concluded.
Currently, SMC Ltd. generates employment for 200 employees, and hopes to continue contributing to the local economy with quality employment opportunities.
About Coyol Free Zone
Coyol Free Zone is a park that leads the way in medical device exports in Costa Rica, generating $2,000 million a year, which is 58% of the exports produced by the manufacturing segment of the country’s Free Trade Zone Regime. It has been recognized as the Best Free Zone in Latin America, the Most Innovative Free Zone of the Year, and Business Center for Life Sciences and Advanced Manufacturing, according to The European magazine. It is ranked #7 in the Top 10 Free Zones in the world by the international investment agency, fDi Intelligence, and is part of the Top Free Zones 2020 ranking, according to Site Selection Magazine.