09/08/2021 | Press release | Distributed by Public on 09/08/2021 00:00
Today, Coloplast opens its first factory in Central America to support the global growth of the company, which produces medical devices, including ostomy pouches and catheters, for people with intimate healthcare needs.
The site is located in Cartago, Costa Rica, and will initially manufacture the company's ostomy products. The new site supports Coloplast's ambition of achieving an annual organic growth rate of 7-9% towards 2025.
The factory is situated near one of Coloplast's key markets, the US, and it is the company's first site in Central America. It is the first of two planned factories in Costa Rica. The next factory is expected to be operational in the second half of 2022. Both factories will be connected to Costa Rica's electrical grid, which is supplied by almost 100% renewable sources. This supports the company's sustainability ambition of using 100% renewable energy in its own production by 2025.
In addition to members of Coloplast's senior management, the Costa Rican President Carlos Andrés Alvarado Quesada will also be present at the inauguration of the factory. Coloplast has created more than 200 jobs in Costa Rica so far, and the company expects this number to be close to 700 by 2025. The overall investment in the two factory buildings amounts to more than half a billion Danish kroner.
Coloplast also has production facilities in Denmark, Hungary, China, France, and the US. Today, Hungary accounts for approx. 80% of the global volume production.
CONTACT
Peter Mønster
Senior Media Relations Manager, Corporate Communications
+45 49 11 26 23
[email protected]
Attachments
Attachments:
2020_2021_PM_CostaRica_ENG.pdf
Costa Rica factory.jpg