FORT WAYNE, Ind.--(BUSINESS WIRE)--Jun 25, 2012-- Greatbatch Medical, a subsidiary of Greatbatch, Inc., officially opened its 80,000 square foot, state of the art, orthopaedic manufacturing center in Fort Wayne, Indiana. Greatbatch President and CEO Thomas J. Hook, and Greatbatch Medical President Mauricio Arellano were joined by U.S.
Congressman Marlin Stutzman, local elected and business leaders and employees of Greatbatch Medical as they conducted a ceremonial ribbon cutting.
"This $17 million investment is the third project Greatbatch Medical has deployed as part of an overall strategy to partner with orthopaedic device makers," said Mauricio Arellano, president, Greatbatch Medical. "We have made strategic investments with an intense focus on growing our global orthopaedics business through a sound commercial strategy, continuous investments in medical device innovations and streamlined operations and best in class execution." In 2010, Greatbatch Medical established an orthopaedic design center in nearby Warsaw, Indiana, providing customers with rapid prototyping capabilities to develop and deliver innovative solutions. In 2011, Greatbatch Medical completed more than $6 million investment at its Indianapolis, Indiana manufacturing facility where they produce orthopaedic delivery systems.
"Our company's vision is to be the definitive leader in critical technologies by infusing integrity, innovation and operational excellence," said Thomas J. Hook, president and CEO. "This investment is a critical part of our growth strategy as we strive to achieve growth in our core business, growth through targeted acquisitions and growth through new, innovative medical devices." Members of the Greatbatch Executive Leadership team were on hand as Hook and Arellano dedicated the facility in honor of Susan H.
Campbell, who passed away unexpectedly in 2010. Campbell served as senior vice president of Greatbatch Medical's Orthopaedic Business Unit.
"Today is a day of mixed emotions as we celebrate the opening of this tremendous facility and pay tribute to the life of our colleague and friend, Susan Campbell, who left this world much too soon," said Thomas J. Hook, President and CEO of Greatbatch. "I am honored that Susan's family is here with us today to witness the lasting impression she has on us as a company and as individuals." The "Susan H. Campbell Orthopaedic Center" will develop instruments for hip procedures and spine fixation, as well as fracture fixation implants and instrumentation for the largest orthopaedic medical device companies. The new facility will provide Greatbatch Medical with increased capabilities and capacity for future growth.
"The Indiana Economic Development Corporation, City of Fort Wayne, Allen County and the Allen County-Fort Wayne Economic Development Alliance have been great partners supporting our investment and growth in Indiana," said Arellano. "With their support we are poised for great success that will benefit not only Greatbatch Medical and our Associates but the local community as well." About Greatbatch, Inc.
Greatbatch, Inc. (NYSE: GB) provides top-quality technologies to industries that depend on reliable, long-lasting performance through its brands Greatbatch Medical, Electrochem and QiG Group. Greatbatch Medical develops and manufactures critical medical device technologies for the cardiac, neurology, vascular and orthopaedic markets.
Electrochem designs and manufactures battery and wireless sensing technologies for high-end niche applications in the energy, military, portable medical, and other markets. The QiG Group empowers the design and development of new medical devices for our core markets.
Additional information about the Company is available at www.greatbatch.com.
About Greatbatch Medical Greatbatch Medical is part of the Greatbatch, Inc. (NYSE:GB) family of brands. Greatbatch Medical is committed to the design and manufacture of critical technologies used in medical devices for the cardiac rhythm management, neuromodulation, vascular access and orthopaedic markets. To learn more about Greatbatch Medical, please visit www.greatbatchmedical.com.
CONTACT: Greatbatch, Inc.
Christopher Knospe, 716-759-5727 Cell: 716-440-5580 firstname.lastname@example.org KEYWORD: UNITED STATES NORTH AMERICA INDIANA NEW YORK INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES MANUFACTURING OTHER MANUFACTURING URBAN PLANNING CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE OTHER CONSTRUCTION & PROPERTY GENERAL HEALTH SOURCE: Greatbatch, Inc.
Copyright Business Wire 2012 PUB: 06/25/2012 10:33 AM/DISC: 06/25/2012 10:33 AM http://www.businesswire.com/news/home/20120625006074/