Quick-turn manufacturer Protolabs has an enviable problem: It needs hundreds of qualified advanced manufacturing workers, and it needs them fast. When Protolabs CEO Vicki Holt started with the Maple Plain, Minn.-based company five years ago, it had 750 employees. Now it has 2,700, with plans to add 650 more this year. Most of Protolab’s growth […]
Can AI take medical device manufacturing to the next level?
Artificial intelligence could improve medical device manufacturing efficiency and reduce risk, but it’s still a work in progress. Artificial intelligence is driving the world and our habits. Some of the world’s most well-known companies are using AI: Apple in Siri, Tesla in self-driving cars, Amazon in Alexa and even Netflix. Now medical device companies including […]
Medtech outsourcer innovations you need to know
The medical device industry is seeing all kinds of innovations, but people often overlook the myriad medtech outsourcer technologies making innovation possible. From tiny sensors, magnets and cameras to materials and adhesives that get the job done, contract manufacturers and other suppliers are supporting the medical device industry in myriad ways. They’re enabling everything from […]
Phillips-Medisize is offering connected health data services: Here’s how
One of the world’s largest medical device contract manufacturers, Phillips-Medisize is making a business play to provide the technological back end for connected drug delivery devices. Phillips-Medisize used to be all about the housings, assembly and packaging that went into finished drug-delivery devices. Electronics was something that other contract manufacturers did. Within a few years, […]
Phillips-Medisize is expanding in Wisconsin
Phillips-Medisize, a Molex company, has broken ground on a new manufacturing facility in Hudson, Wis., on the eastern end of the Minneapolis-St. Paul metro area. The 34-acre location at the St. Croix Meadows development will support at least 230,000 square feet of manufacturing space for FDA-regulated medical device products, Phillips-Medisize announced yesterday. After construction is complete […]
Resonetics continues buying spree, snaps up Minnesota firm
Resonetics said it has acquired Caribou Technologies (Blaine, Minn.), a supplier of centerless grinding, forming, coiling, machining and laser processing for the medtech industry. In addition to servicing a large number of medical device manufacturers in the Twin Cities market, Caribou has built a strong and growing customer base in high growth market segments around the world, according […]
Trelleborg acquires molded components company Sil-Pro
Trelleborg recently announced that it has acquired Sil-Pro, a Delano, Minn.–based medical device manufacturing outsourcer with a specialty in silicone and thermoplastic molding. Financial terms of the deal, which closed Jan. 2, were not disclosed. Founded in 1998 and owned by two generations of the Carver family, Sil-Pro has an employee count in the 200 to 500 […]
Orchid Orthopedic Solutions acquired by European private equity outfit
Nordic Capital has acquired a majority stake in Orchid Orthopedic Solutions (Holt, Mich.), a major design and manufacturing outsourcer in the orthopedic medical device space. Financial terms of the deal – announced Jan. 21 – were not disclosed. While the Nordic Capital Fund IX is buying a majority stake in Orchid, previous owner Altor Fund III will keep […]
Grand Valley State lands grant to study 3D printing for medtech
Grand Valley State University’s applied Medical Device Institute (aMDI) has been awarded $500,000 by the Grand Rapids SmartZone to study the use of specialized 3D printing technology for medical device production. The grant will allow the Grand Rapids, Michigan-based institute, along with contract manufacturer MediSurge (Grand Rapids) and 3D printing company Carbon (Redwood City, Calif.) to create production-grade, implantable medical […]
DeviceTalks West exhibitors: Expertise you need to know
From electronic components for neurostimulators to the E.U.’s MDR to security concerns connected medical devices, there was a great deal of expertise to be among exhibitors at DeviceTalks West in December 2018. Medical Design & Outsourcing managing editor Chris Newmarker spoke with experts at Valtronic, WuXi AppTec and Green Hills Software. Get the full story on our […]
What does the U.S.-China trade war mean for medical device companies?
The ongoing trade war between the United States and China affects everything from tooling and mold-building to commodity medical devices when medtech is concerned, according to Mark Bonifacio of Bonifacio Consulting Services. Bonifacio, though, thinks China is too big for medical device companies to ignore: Even if the labor costs savings aren’t as attractive, there is simply […]
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