OKAY Industries announced today that it expanded its operations in Costa Rica with a new manufacturing facility.
New Britain, Connecticut-based OKAY built a 62,000-square-foot manufacturing facility in the new “Evolution Free Zone.” That includes a sustainable, smart manufacturing and life sciences free trade-zone business park in Alajuela Province, Grecia, Costa Rica.
OKAY expects to complete the relocation of its Costa Rica operations in summer 2024. The first phase doubles its current footprint to support capacity growth and demand. Future phases allow an additional expansion of 58,000 square feet. Overall, OKAY expects the expansion to add more than 200 jobs in the area.
“Costa Rica’s strategic location is very attractive for nearshoring needs. Additionally, the new Evolution Free Zone and its integration of community and global standards of excellence aligns with our corporate culture that supports a sustainable workplace environment, sa…