Page 14 - MetalForming April 2010

Making its Mark in the
Medical-Device Market
Micro Medical has been supplying the medical- device market since 1986, and as it nears its 25th anniversary providing medical-device OEMs with stamped and molded parts and assemblies, its executives share some valuable insights on what it takes to serve this growing yet demanding industry.
BY BRAD F. KUVIN, EDITOR
12 METALFORMING / APRIL 2010
www.metalformingmagazine.com
Micro Medical takes reinvesting back into its business very seriously, according to director of marketing Al Carolonza. “Even in this troubling economy, we continue to invest 10 to 14 percent of our gross annual sales back into the company,” he says, “whether it be new capital equipment (such as the Trumpf 5000-W laser- cutting machine shown here) or into our research and development efforts.”
Vertical integration: The process in which several steps in the production and/or distribution of a product or service are controlled by a single company in order to increase that company’s power in the marketplace.
Want to uncover some power in the medical-device marketplace? Look no fur- ther than Micro Stamping Corp., Somerset, NJ, and its Micro Medical Technologies division. For 25 years, the company has evolved into a major supplier of medical sub- assemblies and assemblies, precision high-speed stampings and multislide parts. It also conducts new-product development and design-for-manufacture engineering studies, and has developed expertise in a number of other manufacturing techniques —metal- and plastic-injection molding, tube fabrication, automated and cleanroom assembly, CNC machining, wire-EDM and every finishing operation under the sun including electropolishing and sharpening. Micro Medical boasts it’s ready to be the medical industry’s “supply chain, from concept to commercialization.”