Continuously serving Kosciusko County since 1854
Pierceton - Paragon Medical Inc. strengthened their position as a supplier to the world-wide medical device marketplace by announcing it has entered into a strategic alliance with Hand Industries, Inc. a specialist in metal finishing.
The companies will combine several resources to create a cell that will reside within Paragon's newly remodeled 100,000-square-foot building, and have a concentration on grinding and finishing of femoral knee components.
Tobias Buck, chairman and CEO of Paragon Medical, said, "Our two companies posses extensive expertise in processing femoral components, but when you merge our base of knowledge and 65 years of combined experience, the synergy created brings outstanding benefits to the medical device industry."
Although the companies expect to have the new equipment for the femoral cell in place within the next several weeks, production will begin immediately with existing equipment on several new opportunities.
Paragon Medical is a single-source, turnkey supplier of surgical instruments, implantable components, custom and standard instrument delivery systems to the worldwide medical device marketplace, with a concentration in the hip, knee, spine, trauma and sports medicine disciplines.
Incorporated in 1991, Paragon Medical's utilization of advanced manufacturing technology, UG® certified engineers, rapid prototyping, virtual information transfer and vertical integration allows them to adapt a wide range of services to support the strategic needs of the customer, with innovative solutions.
Offices and production facilities are in Pierceton; Memphis, Tenn.; Fairfield, N.J.; Pompano Beach, Fla; Smithfield, Utah; and Lausanne, Switzerland.
Established in 1956, Hand Industries is one of the largest outside processors of orthopedic metal finishing in the United States.
Having processed in excess of on million prosthetic components, the company has acquired extensive expertise in a wide range of metal finishing services including polishing, buffing, sand-blasting, inspection and cleaning. Their quality metal finishing services are geared to meet both high- and low-volume demands while managing the difficult requirements of very tight tolerances.
With specialty departments that include research and development engineers, Hand Industries produces small quantity custom products and manages a wide range of prototypes for product development applications. Offices and production facilities are in Warsaw.
On the Net:
www.paragonmedical.com.
www.handindustries.com
