Okay Industries promotes Mario Chaves Jr. to engineering manager 

Mario Chaves Jr., engineering manager at Okay Industries [Image courtesy of Okay Industries]

Okay Industries (New Britain, Conn.) announced today that it has promoted Mario Chaves Jr. to an engineering manager role overseeing its engineering team in Alajuela, Costa Rica.

Chaves joined Okay as a machinist about 10 years ago. Over the years, he worked in production control, purchasing, facilities, IT and other areas, becoming an essential member of the strategic management team.

In his new role, he’ll oversee the Alajuela engineering team’s growth and development, and manage its strategy ad budget.

“During the last decade, Mario has been a model for finding new ways to improve our processes and adding new technologies that have allowed us to become more competitive,” said Sean Stowik, Okay’s director of sales and marketing. “He has also created a strong engineering team that has el…

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Contract manufacturers fuel medtech expansion in Costa Rica

Medical device manufacturing is flourishing in the Central American country, spurred by a host of incentives.

[Image from Unsplash]This year is seeing a wave of expansions by medtech contract manufacturers in Costa Rica.

Medtech OEMs have made the Central American company a manufacturing hub since the 1990s. Major companies operating there include Abbott, Bayer, Boston Scientific, Cardinal Health, Edwards Lifesciences, Hologic, Medtronic, Philips, Smith+Nephew and Wright Medical. Eight of these are among the top 20 exporters in Costa Rica, representing nearly $2.7 million in medical device exports in 2019 — 73% of the total.

Medtech OEMs in Costa Rica want their suppliers nearby, making the Central American country a magnet for contract manufacturers. The addition of medtech sterilization facilities in Costa Rica — BeamOne (now Steris) in 2009 and Sterigenics in 2013 — also helped spur more contract manufacturing. Before that, manufacturers had to ship prod…

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