SSG to establish medical coatings facility in Costa Rica
Yahoo Finance·2026-01-14 11:06

Core Insights - Surface Solutions Group (SSG) is entering Costa Rica to establish a new operation focused on high-precision manufacturing for the international medical industry [1][4] Group 1: Investment and Operations - SSG plans a long-term investment exceeding $10 million for land acquisition and the construction of a dedicated facility [2] - Construction is set to begin in early 2026, with operations expected to start gradually in 2027 after equipment installation and validation procedures [3] Group 2: Job Creation and Local Impact - The new facility is anticipated to create 15 to 20 jobs, targeting roles such as automated equipment operators, engineers, and maintenance technicians [4] - SSG's investment is expected to enhance Costa Rica's life sciences sector, which is increasingly demanding advanced technical capabilities and regulatory compliance [4] Group 3: Strategic Importance - SSG views Costa Rica as a strategic location to be closer to key customers, enabling early collaboration on new developments and more agile scaling of coating technologies [5] - The country is recognized for its solid production environment and a skilled talent base familiar with medical device industry standards [5]