Protolabs to open new Twin Cities plant

Quick-turn manufacturer Protolabs (NYSE: PRLB) plans to have a new plant opened by the end of the year in the northern Minneapolis suburb of Brooklyn Park. Protolabs announced the purchase of the 152,000-square-foot facility on March 16. Financial terms of the deal were not disclosed, but county property records show the building was last sold

Complex injection molding: What you need to know

With careful planning, complex injection molding can reduce costs, optimize functionality and improve aesthetics in medical devices. Ken Glassen, Kaysun Corp.  As medical device design evolves to provide ever-improving healthcare outcomes, manufacturers are partnering with full-service, experienced complex injection molders to gain the increased design freedom and process efficiencies necessary to keep pace with medical

MD&M West: Here’s what you may have missed

MD&M West is one of the largest medical device manufacturing events in the world, so it’s easy to lose your way on the show floor. Even if you were in Anaheim, Calif., for the February 2018 event, you may have missed a lot. From Omron to Micromo to MedPlast to Apex Motion Control, WTWH Media

Nortech Systems is expanding its Mexico operations

Nortech Systems (Nasdaq: NSYS) says it has signed a lease on for a new facility to be built in Monterrey, Mexico — about 5 miles from Northech’s present location in the northeastern Mexican city. Nortech (Maple Grove, Minn.) plans to occupy the facility — which is double the size of the present location — by

Integer shares jump on strong Q4 earnings beat

Integer Holdings (NYSE:ITGR) yesterday handily topped the consensus earnings expectation and met sales forecasts with its fourth-quarter and full-year results. The Frisco, Texas-based medical device contract manufacturer posted profits of $54.3 million, or $1.68 per share, on sales of $390.5 million for the three months ended Dec. 29, 2018, for a bottom-line gain of 585.0% on

Here’s why Protolabs acquired Rapid Manufacturing Group

When Protolabs acquired Nashua, N.H.–based Rapid Manufacturing Group late last year, the deal was about expanding Protolabs’ CNC machining capabilities. It also added sheet metal to Protolabs’ list of quick-turn manufacturing services. For Rapid, Protolabs buying the company offered the opportunity for Rapid to become, well, more rapid, Burke Bero, a product manager at Rapid, recently

NN Inc. acquires medical device developer, manufacturer Bridgemedica

Diversified industrial company NN Inc. (Nasdaq: NNBR) announced today that it has completed its acquisition of Bridgemedica — which provides design, development engineering, manufacturing and packaging services to the medical device industry. Financial terms of the deal were not disclosed. Mansfield, Mass.–based Bridgemedica on its website describes itself as a “medical device turnkey concept-to-supply partner providing

How Protolabs helped with Whoop’s fitness tracker

Angelo Gentile, Protolabs Competing in a market that includes Fitbit, the Nike FuelBand, and the Apple Watch is no small task, but that’s exactly what Boston-based Whoop did two years ago, bringing to market — with manufacturing help from ProtoLabs — a wearable fitness tracker geared for high-end athletes. At the start of baseball’s 2017

These 7 trends have made medical device manufacturing what it is today

About 10 years ago, there were a number of notable trends and market forces which began to, once again, change how the medical device manufacturing sector brought its products to market. They’re still shaping the market we have today. Andrew Potter, Bonifacio Consulting Services, and Christopher Delporte Perhaps the true measure of a forward-thinking industry

Zeus to spend $75 million on South Carolina expansion

Advanced polymer extrusion, material science and tubing company Zeus plans to spend $75 million on an expansion of its Calhoun County, S.C., operations — with plans to add 350 jobs in coming years. The expansion will take place about 2 miles from Zeus’ existing Gaston, S.C. facility, the Orangeburg, S.C.–based company announced Feb. 2. When

MD&M West: 10 technologies you should know

MD&M West is one of the largest medical device manufacturing events in the world, so it’s easy to get lost on the show floor. Even if you were in Anaheim, Calif., for the event last week, you may have missed a lot. From a new robotics insights display from Rethink Robotics to a disinfectant-resistant plastic

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Spectrum Plastics Group buys Apex Resource Technologies

Spectrum Plastics Group (Alpharetta, Ga.) is expanding its specialty products and design engineering offerings through its acquisition of Apex Resource Technologies. Financial terms of the deal were not disclosed in today’s announcement. Apex has more than 60 people at its 45,000-square-foot facility in Pittsfield, Mass., and is a full-service design engineering, tooling and injection molding operation.

Spectralytics launches DFM product development facility for laser services

In the new medtech manufacturing environment, design engineers need parts faster, with fewer iterations and quicker turnaround. Spectralytics aims to meet those needs with its revamped development center in Maple Plain, Minn. The laser cutting and processing contract manufacturer has a newly expanded facility dedicated to design and prototyping. The 15,000 sq. ft. facility is located

Raumedic investing in modernizing headquarters

Raumedic (Helmbrechts, Germany) is investing 1 million euros in expanding and modernizing its German headquarters. The company will add a state-of-the-art customer center while improving working conditions for employees. The company is adding a new foyer with additional meeting areas. The older buildings at the Helmbrechts-based headquarters will be the main areas undergoing modernization, which

Private equity-backed Regatta Medical buys majority stake in Resonetics

Private equity firm GTCR’s portfolio company Regatta Medical said today it acquired a majority stake in Resonetics, with its current management team led by CEO Tom Burns slated to continue their roles with the company. The deal, which included an increased investment from previous owner Sverica, is slated to close sometime in early February, Boston-based