# Heraeus Medevio completes Phase II, breaks ground on Phase III in Costa Rica

Heraeus Medevio completed Phase II of its Costa Rica site expansion with a $20 million investment, adding 500 jobs, and broke ground on Phase III with a $35 million investment, expected to create 1,000 jobs. Phase III construction will start in Q3 2023 with completion in late 2024.

- Type: Expansion
- Announced: 2023-06-29
- Where: Cartago, Costa Rica, Costa Rica
- Value: $55.0M
- Jobs: 1,500
- Starts operating: 2024
- Status: under construction
- Capacity: 108,000 sq ft (Phase II) + 118,402 sq ft (Phase III)
- Products: guidewires, snare kits, neuromodulation leads, catheters
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Heraeus Medevio](https://endata.com/companies/71128.md)

## Sources

- [heraeus-medevio.com](https://www.heraeus-medevio.com/en/press/costa-rica-expansion-2023/), 2023-06-29: "Heraeus Medevio is on track for double-digit growth, continuing toward our vision of improving 100 million lives every year."
- [cinde.org](https://www.cinde.org/en/essential-news/heraeus-medevio-opens-phase-ii-breaks-ground-on-phase-iii-of-its-costa-rica-site-expansion-adding-1-500-jobs), 2023-07-14: "Heraeus Medevio is on track for double-digit growth, continuing toward our vision of improving 100 million lives every year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.