Tegra Medical has acquired a manufacturing operation in San Jose, Costa Rica from Penn United Technologies, 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.
Tegra Medical is focused exclusively on the medical device industry, providing precision contract manufacturing and assembly services. The company produces complex components and assemblies used in procedures for surgical, interventional and orthopaedic companies.
The current operation provides metal working capabilities with a full complement of electrical discharge machining (EDM), precision grinding, turning, milling, waterjet, stamping and assembly.
Bob Roche, president and CEO, said: “We’re excited to add this capability to the Tegra Medical offering. Now we can also provide our customers with a lower cost alternative to help them manage costs better for mature products facing price pressure.
“We will make additional investments in capabilities and infrastructure so that our Costa Rican operation will have many of the same systems and capabilities as our other manufacturing plants. Tegra will be adding Swiss machining and a Class 7-controlled manufacturing environment for assembly and packaging over the next several months, as well as submitting for ISO 13485:2003 and 9001:2008 certification.”