5 secrets of contract manufacturing longevity

Whether it’s a few decades or the better part of a century, there are important factors that enable a contract manufacturer to last for a long time – business traits that OEM customers should value. We asked top executives from long-lasting medical device industry suppliers to share their secrets.  [Image from Unsplash]Mike Ondercin started Cleveland-based Criterion as a tool-and-dye company in 1953. Today Criterion is a precision manufacturing facility owned by Ondercin’s granddaughter Tanya DiSalvo – who bought out the former owner, her dad. The company doubled its employee roster over the last 5 years, to about 40 people. That constant growth has Criterion bringing in $15 million to $20 million in sales a year, according to DiSalvo. “The sales have grown by really working with our customers and being their go-to source. We had to earn the right with engineers that shows that we can deliver and provide added value services,” she explained. Contract manufacturers like Criterion that have demonstrated their ability to last are highly prized in the medical device industry – especially because the highly regulated environment makes it difficult to change suppliers. There are many other medical device industry suppliers with their own stories of success: Since its 1967 founding, Donatelle (New Brighton, MN) has grown into a contract manufacturer producing complex and precision components and assemblies for medical devices. “The founders and owners of Donatell...
Source: Mass Device - Category: Medical Devices Authors: Tags: Contract Manufacturing criterion donatelle infusmedical MTD Micro Molding sil-pro Source Type: news