Paragon Medical Celebrates New Additive Manufacturing Facility Grand Opening
Paragon Medical, a global industry leader in medical device manufacturing, celebrated the ribbon cutting ceremony of its new additive manufacturing facility. The state-of-the-art facility offers 34,000 square feet of manufacturing and operational space dedicated to 3D printing.
PIERCETON, Ind., June 26, 2023 /PRNewswire-PRWeb/ -- Paragon Medical, a global industry leader in medical device manufacturing, celebrated the ribbon cutting ceremony of its new additive manufacturing facility located on its existing campus in Pierceton, IN. The state-of-the-art facility offers 34,000 square feet of manufacturing and operational space dedicated to 3D printing. Local dignitaries were in attendance including members of the Indiana Economic Development Corporation, Kosciusko Chamber of Commerce, Kosciusko Economic Development Corporation, and town and county council.
The new additive manufacturing facility is supported by an initial investment of $16 million with an additional anticipated investment of $19 million over the next five years. With existing Additive Manufacturing design and production capabilities at Paragon Medical's Innovation Center in Warsaw, Indiana, this new investment demonstrates Paragon Medical's continued commitment to innovation in design and manufacturing, while enabling the medical device community to commercialize with excellence.
Dan Blum, VP and General Manager of the Pierceton, IN campus shared, "Today's event is more than a celebration, it's a testimonial to the vision and passion of the Paragon Medical team, who work relentlessly to provide world class services and product to enhance the quality of life of others. Paragon Medical's investment in this facility and technology, continues to affirm our industry leading position, supporting our clients for many years to come."
"With the healthcare additive manufacturing market anticipated to be $8 Billion by 2030, our investment demonstrates a continued commitment to innovation in design and manufacturing in this rapidly growing space," said Wil Boren, CEO of Paragon Medical. "Our new additive manufacturing capability is serving our local medical device community as well as making a global impact."
Paragon Medical serves as a trusted partner in Additive Manufacturing. Its 3D printing capabilities can reduce lead time, cost, and supply chain complexity across product lines in the medical device industry. With historically high on-time delivery rates, operations and engineering expertise, and strategic partnerships, Paragon Medical serves as the extension of medical device teams to streamline product launch and ongoing commercial supply, enabling continuous delivery of best-in-class product to customers.
About Paragon Medical
Ensuring Your Success through our Passion for Service
Your Trusted Partner in Medical Device Manufacturing
In today's challenging healthcare environment, you're looking for a contract manufacturer to help simplify the complexities of supply chain and expedite commercialization. As your trusted partner with a shared commitment to quality, you will feel confident as we come alongside to serve as an extension of your team by delivering world class operational excellence and SIOP planning through over a century of combined expertise in high-precision manufacturing, advanced engineering, and design support.
You can count on Paragon Medical as your strategic partner in medical device manufacturing, offering an end-to-end supply chain solution from initial concept and product development to verification and validation testing, to final production, assembly, and ongoing strategic demand planning. Discover how you can experience a consistently remarkable partnership through Paragon Medical's differentiated and personalized solutions designed to exceed your expectations every time.
For more information on our services, global operations, or about joining our team visit http://www.paragonmedical.com or follow us on LinkedIn at http://www.linkedin.com/company/paragonmedical/.
Media Contact
Brittany Herendeen
Paragon Medical
[email protected]
June 21, 2023
Media Contact
Brittany Herendeen, Paragon Medical, 1 8002256975, [email protected]
SOURCE Paragon Medical
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