Italian contract manufacturer UnitedCoatings Group said today that it acquired CoorsTek Medical an undisclosed amount. Ft. Worth, Texas-based CoorsTek Medical offers casting, machining and product development services to medical device OEMs. UnitedCoatings, based in Rubbiano, Italy, last year bought NanoSurfaces, CoorsTek Medical’s Italian subsidiary. The deal announced today involves the rest of the CoorsTek Medical […]
Medin Technologies acquires ortho implant manufacturer AMT
Contract manufacturer Medin Technologies (Totowa, N.J.) said today that it has completed the add-on acquisition of orthopedic implant maker Advantage Manufacturing Technologies (AMT) through a newly formed, wholly owned subsidiary named AMT Medical. Medin Technologies designs and manufactures highly engineered, custom-designed sterilization cases and trays for orthopedic OEMs. AMT Medical will continue manufacturing orthopedic implants and will gain an […]
Boston Scientific adds 600 employees in Costa Rica
Boston Scientific (NYSE:BSX) is reportedly hiring 600 people at two of its Costa Rica facilities. The Marlborough, Mass.-based company plans to hire workers with different levels of educational backgrounds, including those with sixth-grade levels of schooling, professional engineering graduates, finance, accounting and other positions. Boston Scientific will hire employees for its La Aurora de Heredia and […]
Establishment Labs buys Costa Rica plant
Establishment Labs Holdings this week purchased a manufacturing facility in Alajuela, Costa Rica for an undisclosed amount. The company executed a deed with Zona Franca El Coyol to complete the purchase of Building 25 in the Coyol Free Zone in Alajuela, Costa Rica. The facility previously opened at the end of 2016 and the company […]
Royal Philips to open R&D center in Rochester, Minn.
Royal Philips is reportedly moving into a new Rochester, Minn. office space. The Amsterdam-based company plans to open an office in the recently opened Med City, 89,000 sq. ft One Discovery Square complex in Rochester, according to Post Bulletin. Get the full story on our sister site, Medical Design & Outsourcing.
8 medical device industry supplier innovations you need to know
Medical device innovation doesn’t just come from startups or big corporate R&D departments. Contract manufacturers and suppliers are increasingly playing a role, too. [Image by Kristopher Roller on Unsplash] Long gone are the days when medical device industry suppliers simply produced or manufactured according to specifications. Companies are increasingly coming up with their own answers […]
Tekni-Plex buys three healthcare packaging plants
Tekni-Plex recently announced that it has completed its purchase of three manufacturing facilities from Amcor’s Flexible Packaging business unit. The facilities are in Madison and Milwaukee, Wis., and Ashland, Mass., and provide sterilizable medical device packaging substrates including coated and uncoated Tyvek, heat-seal and cold-seal coated paper and films, medical grade laminates and die-cut lids and labels. Get the full […]
Resonetics expands Medibrane investment
Resonetics (Nashua, N.H.) today announced that it is making an additional equity investment in and providing debt financing to Medibrane. The company took minority ownership of Israel-based Medibrane as part of its acquisition of STI Laser in November 2018. “Having worked with the founders at Medibrane for the past six months, we’ve grown increasingly excited […]
EPTAM Precision Solutions acquires Micro Molding and MedConnection
Heritage Portfolio’s EPTAM Precision Solutions today announced that it has acquired Micro Molding and MedConnection. The financial details of the deal were not disclosed. Phillipsburg, N.J.-based Micro Molding is a precision plastic injection component manufacturer that serves the medical device market. It offers precision injection molding, catheter tipping, finishing and assembly. It has two ISO-9001 […]
Theragenics subsidiary buys Ireland’s Arrotek Medical
Theragenics subsidiary Galt Medical said it has acquired Sligo, Ireland-based medtech development firm Arrotek Medical. Arrotek develops and designs minimally invasive medical devices supporting a range of catheter-based, interventional applications. Its capabilities include concept, design, product development, regulatory approval, and certain manufacturing services. Arrotek co-founders Mark Pugh and Ger O’Carroll will remain with the company in Sligo […]
8 BIOMEDevice exhibitors you should know
BIOMEDevice Boston is one of the largest medical device manufacturing tradeshows in New England The annual event— held at the Boston Convention and Exhibition Center, May 15–16 — provides an opportunity for more than 4,000 engineers and executives and 400 suppliers in the region’s design and manufacturing industry to connect and network. Hundreds of medical […]
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