Supplier Stories for the Week of October 1

Here’s what was new in the world of medical device suppliers during the week of October 1.

  • This is a compilation of the latest news from suppliers in the medical device industry. If you have news you’d like to submit for potential inclusion in this weekly roundup, please send a press release and any related images to marie.thibault@ubm.com with the subject line “Supplier Stories.”

     

    STUART MILES/FREEDIGITALPHOTOS.NET
  • Diversified Plastics, Inc., maker of high-precision thermoplastic compounds, is the winner of the Best In Class—Midsize category for the 2017 Minnesota Manufacturing Awards. The awards are sponsored by Minnesota Business magazine.

    “As this is our 40th year in business, it’s an honor to be acknowledged with this award among other outstanding Minnesota-based manufacturing companies,” Annette Lund, vice president of Diversified Plastics, said in a press release. “Our exceptional employees are one reason that Diversified Plastics is sought by medical device, aerospace, filtration and other companies to provide superior molding services and quality thermoplastic components.”

    Read the press release for more.

    DIVERSIFIED PLASTICS
  • Engel announced that its injection molding machines are part of significant growth at client Profile Plastics. Profile Plastics, which provides in-mold decorating and in-mold labeling, is currently in an 8000 square foot facility, but is building a 32,000 square foot facility that is slated to open by the end of February 2018. The company also purchased two Engel injection molding machines—a victory 240 US and a victory 85 US—to meet extra demand immediately.

    “We were at capacity on our existing 240 ton Engel, and needed additional capacity fast,” Nat Svela, sales engineer at Profile Plastics, said in a press release. “I approached Larry David (Engel Senior Account Manager) at the MD&M show and had the new Engel machine on the floor a week later.” He added, “Our operators like the fully-integrated machine/robot systems from ENGEL – the fact that they can perform all machine and robot functions from a single controller.”

    Read the press release for more.

    ENGEL
  • MW Industries announced that it has been acquired by affiliates of private equity firm American Securities LLC in partnership with the company’s management. The Rosemont, IL-based company offers more than 100,000 products, including springs, fasteners, and other metal components.

    “We are pleased to partner with John and the rest of the MWI management team to continue to capture attractive growth opportunities,” Will Manuel, a managing director of American Securities, said in a press release. “The Company’s highly engineered products, valuable customer relationships, and experienced management team make MWI a strong fit for our investment strategy.”

    Read the press release for more.

    STOCKIMAGES/FREEDIGITALPHOTOS.NET
  • Portescap is releasing a new size of its surgical motor, intended to be used in orthopedic powered hand tools for large bone applications. The new size 12 mini brushless DC motor comes in 9.6V, 12V, and 14.4V offerings and samples can be delivered in under two weeks.

    Read the press release for more.

    PORTESCAP
  • Label management software company Prisym ID found in a survey of international medical device makers that only a small proportion of these companies are “fully aware of the changes” expected with the European Medical Device Regulations (MDR). According to a press release sent to Qmed, just 17% of those companies surveyed said they are “fully aware” of the new regulatory expectations, while another 39% are “reasonably aware,” 31% are “somewhat aware,” and 14% are “not aware.”

    “The reality is that in today’s increasingly competitive and regulated global marketplace, organizations are left increasingly vulnerable to mislabeling, voluntary recall, non-compliance and non-adherence,” Mark Cusworth, vice president of Research and Development at Prisym ID, said in the release. “It is vital to understand and implement the new EU MDR if you want to be ahead of the game. If your license is delayed you will not be able to supply your devices. The later you start, the higher this risk becomes.”

    STUART MILES/FREEDIGITALPHOTOS.NET
  • Siemens AG announced that it is offering a Sinumerik software update to improve productivity, adding features to the Sinumerik Operate user interface to aid in machine tooling, and rolling out its Safety Integrated plus software for better efficiency in engineering.

    The Sinumerik CNC software release 4.8 includes nodding compensation and advanced collision protection, features that improve safety and allow for faster, more accurate machine tooling.

    “The end-to-end digitalization approach taken by Siemens encompasses not only hardware, but also software across the entire value chain from design to machine tool application, enabling our customers from the machine tool industry to achieve a significant boost to their productivity,” Uwe Armin Ruttkamp, head of Machine Tool Systems, said in a press release. “The combination of advancing digitalization and innovative automation technology provides the key to creating a sustainable competitive edge.”

    Read the press release for more.

    >> Continue on to read last week's "Supplier Stories" >>

    SIEMENS AG
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