USA – Zeus, the global leader in advanced polymer solutions, today announced a multi-million dollar investment to expand its catheter manufacturing capacity worldwide.
The first phase of the expansion program is already underway at the company’s San Jose location in California.
This initial project will significantly extend the facility’s footprint to increase catheter-based design and manufacturing capacity.
Steve Peterson, CEO and President at Zeus, said the investment is in response to growing demand from medical device OEMs.
“Our customers depend on innovative thinking, speed, and the latest catheter design and manufacturing technologies to deliver their life-saving products,” said Peterson.
The existing San Jose site will increase by 127%, extending its footprint to 32,000 square feet.
This expansion will also increase the facility’s ISO-certified cleanroom capacity for design, prototyping, validation, and manufacturing to over 7,000 square feet total and double Zeus’ braiding and coiling capacity for catheter-based minimally invasive devices.
The San Jose expansion will create 15 new jobs this year and 50-plus new jobs over the next one-to-two years.
These added positions will include project engineers, project managers, product builders, and technicians.
Suresh Sainath, General Manager and Senior Vice President for Zeus’ CathX Medical division, said the San Jose expansion will allow Zeus to meet the immediate requirements of its customers best.
CathX Medical, provides catheter-based design, development, and manufacturing services to medical device OEMs and companies.
“We offer customers a dedicated partner with the capacity to drive their catheter manufacturing programs. Zeus can deliver solutions from concept to commercialization,” added Suresh Sainath.
Zeus’s enterprise includes advanced polymer solutions, from tubing, catheter componentry and heat shrink to bioabsorbable and implantable medical products, sutures and more.
The company employs more than 2,000 people worldwide with manufacturing and sales facilities in Aiken, Columbia, Gaston and Orangeburg in South Carolina, along with Branchburg, N.J.; Chattanooga, Tenn.; San Jose; Guangzhou, China; and Letterkenny, Ireland.
Zeus products and services serve companies in the medical, automotive, aerospace, fiber optics, energy and fluid management markets.
Earlier, the Irish packaging giant committed €25 million (US$26.13 million) to acquire two UK-based packaging companies, Swanline Group and its sister company BoxMart.
The deal strengthened Zeus’ footprint in the retail, food and beverage, and e-commerce packaging sectors.
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