Autocam Medical Looking To Phase Into Medtronic’s Warsaw Building
February 24, 2022 at 7:49 p.m.
By David [email protected]
According to an email provided by Warsaw Mayor Joe Thallemer from Mike Hagenson, Medtronic senior state government affairs manager, “As Medtronic exits the facility, we recently signed a letter of intent with Autocam Medical Device Holdings LLC to lease the building in phases. Autocam Medical has expressed interest in potentially hiring former Medtronic Warsaw employees as Autocam Medical’s presence in Warsaw grows.”
Hagenson’s email states Autocam Medical is a privately held contract manufacturer that does very similar work to the Medtronic Warsaw operation. They produce precision-machined surgical drill bits, drivers, screws, plates, cutting tools and other complex highly engineered surgical implants, instruments and handpieces, as well as other device components.
Autocam Medical’s website can be found at https://autocam-medical.com/.
The information was provided to Medtronic employees on Wednesday, he stated.
Autocam Medical CEO John C. Kennedy said, in a provided statement, “Upon hearing the Medtronic Warsaw news, we thought this could be a great opportunity for Autocam Medical, as well as the Medtronic employees who will be impacted by this change. Autocam Medical has grown significantly over the past few years. Our biggest impediment to maintaining this growth is hiring skilled personnel. Therefore, we are extremely excited about the Medtronic opportunity because it allows us to provide highly trained individuals with a similar work experience and great pay and benefits.”
In a telephone call, Thallemer said, “We couldn’t be happier to keep those employees in our community and provide a seamless transition (to careers) at the same address.”
He said it was a testament to Medtronic in their willingness to work with the new company to keep the building viable. It shows the importance of a Warsaw address for the orthopedic companies, Thallemer said.
Kosciusko Economic Development Corporation CEO Alan Tio said Medtronic helped find a way that there’s still operations in the building and find a path for the building and employees to go forward.
Tio stressed that what is known at this point is that Medtronic is closing by 2024 and is moving its manufacturing elsewhere. Medtronic helped find an entity to have a presence in the building. He said that continues to enforce that the U.S. 30 corridor and Warsaw are the orthopedic capital of the world and how attractive the area is to the workforce and supply chain.
He gave credit to Medtronic’s team for helping to navigate the process, as well as the group on the other end of that.
In October 2021, Medtronic announced it was transitioning manufacturing from the Warsaw facility to other Medtronic manufacturing facilities in its operations network over the next few years. “The Warsaw site will continue to manufacture Medtronic products until all transfers are completed. The site is expected to close in 2024,” the announcement stated.
In explaining why Medtronic was moving out of the Warsaw facility, the announcement stated, “Medtronic operates within a highly competitive global healthcare environment. Throughout the company’s global locations, we consistently evaluate our operations to advance growth, improve operational efficiency and strengthen our position for the future.”
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According to an email provided by Warsaw Mayor Joe Thallemer from Mike Hagenson, Medtronic senior state government affairs manager, “As Medtronic exits the facility, we recently signed a letter of intent with Autocam Medical Device Holdings LLC to lease the building in phases. Autocam Medical has expressed interest in potentially hiring former Medtronic Warsaw employees as Autocam Medical’s presence in Warsaw grows.”
Hagenson’s email states Autocam Medical is a privately held contract manufacturer that does very similar work to the Medtronic Warsaw operation. They produce precision-machined surgical drill bits, drivers, screws, plates, cutting tools and other complex highly engineered surgical implants, instruments and handpieces, as well as other device components.
Autocam Medical’s website can be found at https://autocam-medical.com/.
The information was provided to Medtronic employees on Wednesday, he stated.
Autocam Medical CEO John C. Kennedy said, in a provided statement, “Upon hearing the Medtronic Warsaw news, we thought this could be a great opportunity for Autocam Medical, as well as the Medtronic employees who will be impacted by this change. Autocam Medical has grown significantly over the past few years. Our biggest impediment to maintaining this growth is hiring skilled personnel. Therefore, we are extremely excited about the Medtronic opportunity because it allows us to provide highly trained individuals with a similar work experience and great pay and benefits.”
In a telephone call, Thallemer said, “We couldn’t be happier to keep those employees in our community and provide a seamless transition (to careers) at the same address.”
He said it was a testament to Medtronic in their willingness to work with the new company to keep the building viable. It shows the importance of a Warsaw address for the orthopedic companies, Thallemer said.
Kosciusko Economic Development Corporation CEO Alan Tio said Medtronic helped find a way that there’s still operations in the building and find a path for the building and employees to go forward.
Tio stressed that what is known at this point is that Medtronic is closing by 2024 and is moving its manufacturing elsewhere. Medtronic helped find an entity to have a presence in the building. He said that continues to enforce that the U.S. 30 corridor and Warsaw are the orthopedic capital of the world and how attractive the area is to the workforce and supply chain.
He gave credit to Medtronic’s team for helping to navigate the process, as well as the group on the other end of that.
In October 2021, Medtronic announced it was transitioning manufacturing from the Warsaw facility to other Medtronic manufacturing facilities in its operations network over the next few years. “The Warsaw site will continue to manufacture Medtronic products until all transfers are completed. The site is expected to close in 2024,” the announcement stated.
In explaining why Medtronic was moving out of the Warsaw facility, the announcement stated, “Medtronic operates within a highly competitive global healthcare environment. Throughout the company’s global locations, we consistently evaluate our operations to advance growth, improve operational efficiency and strengthen our position for the future.”
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