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Hot Off the Press
Disposable Medical-Supply Market
to Continue Rapid Expansion
Thursday, July 30, 2009
Survey results from The Freedonia Group, Cleveland, OH, on the medical-supply industry predict that U.S. demand for disposable medical supplies will increase 4.6 percent annually from the years 2008 to 2013, just slightly below the 5 percent annual growth experienced in that market from 2003-2008. Catheterization, drug delivery and related medical instruments will remain the largest and fastest-growing disposable medical products, with demand increasing annually at 5.4 percent through 2013. This trend is driven by the fact that Medicare no longer will reimburse for infections linked to the use of catheters, and a new federally funded effort to reduce the overall number of infections related to healthcare devices, thus promoting the use of disposable products. By 2013, U.S. demand for disposable medical supplies is predicted to reach $59 billion, up from $47 billion in 2008 and $37 billion in 2003. Learn more at www.freedoniagroup.com
Canadian Metalformer to Open U.S. Plant
Tuesday, July 28, 2009
Commercial Spring and Tool Co. Ltd., Mississauga, Ontario, Canada, will expand its operations into the United States by opening a manufacturing plant in LaFayette, AL. The firm manufactures springs, wire forms, and clips and also offers heat treating, plating and other services. It plans to hire 75 employees at its new U.S. facility within 3 years. Learn more at www.commercialspring.com
Relocating from Sweden to Indiana
Friday, July 24, 2009
Sweden-based Dometic Corp., a manufacturer of recreational-vehicle and marine accessory products such as refrigerators, awnings, and air conditioners, announced plans to relocate a manufacturing facility from Sweden to Elkhart, IN, where it already maintains a warehouse and customer-service office. The new plant will employ 240 workers. A 10-yr. property-tax phase-in approved by the Elkhart City Council helped convince Dometic to locate the plant there rather than in Mexico or China. Dometic is online at www.dometic.com