Major Expansion of Viant Costa Rica Manufacturing Facility to Support New Business Growth
Viant Rolls Out Second Major Expansion of Costa Rica Manufacturing Facility in Two Years to Support New Business Growth
43% larger footprint will focus on complex interventional devices and offer customers additional capacity
FOXBOROUGH, Mass., October 31, 2022 — Viant announced today that for the second consecutive year, it has begun a major expansion of its medical device manufacturing facility in Heredia, Costa Rica.
The expansion will primarily support complex interventional and other minimally invasive devices. The site will grow from four buildings to seven, with a 43% increase in footprint for a total of more than 250,000 square feet. The company expects new manufacturing and warehouse buildings to be in use by November 2022 with an additional manufacturing building opening March 2023.
Costa Rica Facility Expansion: Fast Facts
- 43% increase in total space to 257K square feet
- 67% increase in cleanroom space to 92K square feet
- 3 new buildings (2 manufacturing, 1 warehouse) for a total of 7
- Expected to double revenue by 2024
According to Viant CEO Alton Shader, the expansion had been proactively planned to put Viant in a strong position to win new business, and the strategy has paid off with several major new programs. “We were confident that prospective customers who visited our Costa Rica site would see that Viant is an ideal partner for large, complex programs,” Shader said. “We have the network of facilities, the capabilities, the experienced people, the customer-focused culture, and the capital to fuel growth.” Revenue from the Costa Rica site is expected to double by 2024.
Viant’s Costa Rica facility will have additional capacity to support medical device manufacturers looking to outsource manufacturing, a growing trend. “Outsourcing allows medical device manufacturers to focus on the innovation that’s core to their business while partnering with companies like Viant that specialize in manufacturing,” Shader said. “In addition to our major facility investment, we offer deep engineering expertise, great talent, built-in speed, and the agility to make decisions quickly to support our customers’ business.”
The expansion will also provide new employee amenities such as green space, modern cafeterias, and an open, collaborative work space. “Viant aims to be the premier medical device employer in Costa Rica,” said Kevin Quiros, Viant’s Costa Rica site director. “This expansion gives us the opportunity to create comfortable new spaces for associates to gather, share meals, collaborate and feel like a part of the Viant family.”
Competitively located in a free-trade zone, Viant’s Costa Rica location is a high-performing site specializing in thermoplastic and elastomeric molding, extrusion and complex assembly for interventional, surgical and other medical devices and components. It excels in Lean Product Launches with Lean Production Preparation Process (3P), delivering speed to market, optimized cost and assured quality.