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Tegra Acquires Manufacturing Operation in Costa Rica
Tegra Medical (Franklin, MA) has acquired a manufacturing operation in San Jose, Costa Rica, from Penn United Technologies Inc., a diversified manufacturer of metal components and assemblies. The 20,000-sq-ft facility is located in Global Park, a tax-free trade zone that is populated by several other medical manufacturing companies. The current operation provides metal working capabilities with electrical discharge machining, precision grinding, turning, milling, stamping, and assembly.
Heather Thompson
August 6, 2010
1 Min Read
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“We’re excited to add this capability to the Tegra Medical offering,” says Bob Roche, president and CEO. “Now we can provide our customers with an alternative to help them manage costs better for mature products facing price pressure.”
Tegra plans to make additional investments over the next several months in capabilities and infrastructure to the Costa Rican operation, including adding Swiss machining and a Class 7 controlled manufacturing environment for assembly and packaging. It is also seeking ISO 13485:2003 and 9001:2008 certification.
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