WASHINGTON — Medical extruder Natvar, a division of Tekni-Plex Inc., is expanding operations into Costa Rica, beginning in June. Over the next 18 months, Natvar expects to invest $4 million in a new 40,000-square-foot facility that will mirror the equipment, tooling and compounds of its plants in the United States, Europe and Asia, said Bob Donahue, general manager of global medical operations.
North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.
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