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Supplier Stories for the Week of October 15

Here’s what was new in the world of medical device suppliers during the week of October 15.

  • 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 [email protected] with the subject line “Supplier Stories.”

  • Engel announced it is discounting spare parts needed to fix Engel equipment damaged by the recent hurricanes. The 50% discount off list price will be available until the end of the year.

    “We want to help support our customers through this difficult time,” Mark Sankovitch, president of Engel North America, said in a press release. “We hope that the discount spare part pricing being offered for these repairs makes it easier for customers to get their facilities up-and-running and production back on track. It is important for everyone that this happen as quickly as possible.”

    Read the press release for more.

  • Grayhill Inc. is releasing its new Series 20 concentric mechanical encoders for use in medical equipment, military, transportation, and other industrial applications. According to the company, the encoders come with a fixed stop or continuous rotation and the inner and outer shafts can be ordered in four angles of throw options.

    View the company’s Series 20 datasheet to learn more.

  • NewAge Industries has released its second sustainability report. The report points to the company’s emphasis on improvements like energy-efficient LED lighting, generators to operate during power outages, scrap silicone recycling, and over six years of solar power usage, among other efforts.

    “It took a lot of effort to make all of these changes happen,” Ken Baker, NewAge Industries CEO, said in a press release. “Yes, it would be easier to throw all of our trash away and let it end up in a landfill. It would also be easier to keep using our inefficient, old lighting and to tell our customers, ‘Sorry, the power’s out, we can’t help you,’ during outages. But none of that is good for the environment, our relationships, or our bottom line. We’ve chosen to take a stand and become an example.”

    Read the press release for more and download the sustainability report here.

  • New England Electropolishing has installed a new electropolishing line that expands the company’s capacity to bolster its medical business. The company’s sales increased more than 25% in 2017, according to a press release, and the new electropolishing line adds two electropolishing tanks, a new citric acid passivation line, a nitric acid passivation line, rinsing lines, and more.

  • Austin, TX-based VirTex Enterprises has been acquired by private equity firm Insight Equity Holding LLC.

    "We are enthusiastic about the future prospects for VirTex and the hi-mix, low-volume electronic assembly niche that it serves,” Victor Vescovo, COO & Managing Partner at Insight Equity, said in a press release. “We believe our hands-on collaborative approach and financial resources will allow us to greatly enhance the opportunities available to the firm to grow organically and acquisitively in the future."

    Read the press release for more.

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