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MicroVention Terumo announced on December 7, 2020, the construction of a new 20,000-square-meter plant in El Coyol, Alajuela, Costa Rica, with an investment of US$80 million. The expansion will create 2,000 new jobs, bringing total employment to 3,000 by 2022.
MicroVention-Terumo will expand its facility in Coyol Free Zone, Costa Rica, from 7,000 to 14,000 square meters, adding a clean room and hiring 1,100 employees. The expansion will double production capacity and is expected to be consolidated within 8 months of starting hiring.
| Site | Largest | Latest |
|---|---|---|
| El Coyol, Costa Rica | $80.0M | 2020-12-07 |
| Coyol Free Zone, Costa Rica | 2018-04-24 |