North America’s DDS Lab, one of the largest dental solutions production labs in the United States, has announced the construction of its first plant in Latin America, located in the Free Trade Zone of Greece (ZFG), within the Costa Rica Green. A mixed valley development project in the western part of the country.
The plant is expected to become operational in August 2023 and they expect the company to invest up to US$15 million in the coming years, while building its own industrial warehouses and equipment to produce dental appliances.
In addition, the company intends to open more than 300 new jobs in the coming months, and plans to see growth of up to 1,000 jobs in 5 years. The required professional profiles focus on the administrative field, technology and experts in dental hygiene.
Within the company’s product portfolio for the country, highlights the development of crowns, bridges, dentures and implants that dentists use to restore patients’ teeth.
The minister is there. From foreign trade, Paula Bogantes stated, that the foreign trade sector is working hard to enhance the competitiveness of regions with the aim of promoting them as investment destinations and improving the enabling conditions required to create and create job opportunities in these regions.
“This process will translate into official job opportunities for Costa Rica, especially from the West, and will also enhance productive links with other sectors of the economy,” Bojans said.
For his part, Jorge Sequeira, Director General of CINDE, said that this project demonstrates the potential that the regions have to provide companies with the necessary conditions for their installation and growth in the country.
The company’s executives explained that Costa Rica was the country of choice because it had the optimal conditions for the organization’s growth, such as highly trained human talent, an ideal geographical location, and a stable and business-friendly political environment.
“We are excited to join other medical device companies operating in the Costa Rica region, to expand our offering of high-quality products,” said Bart Dowdens, CEO of DDS Laboratory.
Currently, DDS Lab has facilities in Tampa, United States, and Shenzhen, China, providing 1,200 jobs serving more than one million customers annually in the United States. Also, DDS Lab is in the process of expanding and intends to enter Canada and Europe in the coming years.