- The medical device company chose Costa Rica to expand outside the United States.
- It has become the seventh company to confirm its arrival in this high-tech business park.
Tacares de Grecia, May 20, 2025 – Evolution Free Zone announces the incorporation of Switchback Medical, a U.S. company specializing in the development and contract manufacturing of minimally invasive medical devices, to the business park located in Tacares de Grecia. This new plant in Costa Rica will be an expansion of the company’s manufacturing center outside the United States.
Headquartered in Minneapolis, Minnesota, Switchback Medical is recognized for its vertically integrated approach, ranging from design and development to medical device manufacturing. Its contract manufacturing operating model (CDMO) enables it to accelerate innovation, work closely with its strategic partners and offer agile solutions in healthcare product development.
The new plant will focus on high-volume manufacturing of complete medical devices, reaffirming the company’s commitment to efficient, scalable and competitive solutions for its global customers.
“This expansion represents a more cost-effective device manufacturing solution for both our existing customers and new partners. The Costa Rica facility will function as a high-volume manufacturing center supporting scalable production,” noted Jesse Jensen, Vice President of Operations at Switchback Medical.
“In turn, the company will actively contribute to Costa Rica’s thriving Life Sciences cluster with local manufacturing of complete medical device assemblies, adding to the country’s growing network of MedTech companies,” said Jensen.
The Minister of Foreign Trade, Manuel Tovar, warmly welcomed Switchback Medical. “Costa Rica has become a global strategic hub for advanced manufacturing. We have a strong ecosystem to produce medical devices, which continues to attract new manufacturers like Switchback Medical. We want to extend the warmest welcome, thank them for the trust they have placed in our country to grow beyond their borders, and reaffirm our commitment to providing the necessary conditions for the successful development of their new operations.”
Laura López, General Manager of the Costa Rican Foreign Trade Promotion Agency (PROCOMER), stated: “Costa Rica continues to strengthen its value proposition through high-value-added investments in strategic sectors such as medical technology, which has become the country’s main export driver, recording a year-over-year growth of 29% in the first four months of 2025. Switchback Medical’s investment in the country brings technical expertise and capabilities in the development of complex, high-precision medical devices. Its end-to-end approach adds sophistication to the national ecosystem and reinforces Costa Rica’s position as a strategic destination for advanced medical manufacturing solutions.”
This operation will boost Switchback Medical’s global competitiveness and will also promote the generation of quality employment and knowledge transfer in the region.
“We are proud to know that more and more global companies are choosing Evolution Free Zone as their base of operations in Costa Rica. Here they find an ideal environment, with world-class infrastructure, state-of-the-art buildings, skilled labor, and a solid business ecosystem to operate successfully”, said Carlos Wong, Managing Director of CODE Development Group, the developer of Evolution Free Zone.
For Wong, today it is essential to excel in meeting the highest industry standards in order to attract Foreign Direct Investment, as demonstrated by the companies that are already part of this Park.
Switchback Medical joins six other companies that have already confirmed operations in the Free Trade Zone. All of them are multinational leaders in the development and manufacture of medical devices, committed to innovation and economic growth in the country.
Evolution Free Zone projects to provide more than 20,000 quality jobs over the next 15 years, consolidating its position as a key hub for world-class medical technology companies in Costa Rica.
