On Wednesday February 20, 2019 Senator Mike Braun stopped by Indiana Medical Device Manufacturing Council (IMDMC) member Genesis Plastics Welding and met with CEO Tom Ryder to tour the facility and see Hancock County manufacturing firsthand. As an Indiana business owner, he can relate to the hurdles HR teams face with the current low unemployment rate and a growing need for skilled workers within Indiana advanced manufacturing. Braun discussed a continued positive momentum to take our state’s workforce to the next level with a focus on education and training for high-priority industries and in-demand jobs. He also discussed other challenges small to mid-size businesses face, such as the rising costs of health insurance for employees.
2019 is looking bright for many industries, including medical device. Industry experts predict overall revenue growth driven by continued innovation and emerging technologies.
As markets evolve and drive opportunity, it should be a banner year for contract manufacturers, as well. Growth for many medical device OEMs is presenting capacity questions – expand or farm out. With ever-narrowing margins and increased competition, strategic outsourcing bridges the gap quickest and most efficiently.
Additionally, industry leaders outside of medical device are setting their sights on acquisition and targeting the purchase of medical-based companies in order to diversify and break into the lucrative market. Contract manufacturing partners with medical device design, development and production expertise will be key in helping these specific manufacturers hit the ground running. Read more
The lights come up, the hour is over, and you’ve learned quite a bit from a “how-to” video tutorial in your Manufacturing 101 class. And while classrooms are integral to the education process, many of us may remember that an actual hands-on learning experience gave us an on-the-job and real-life view of business that we just couldn’t get inside of a classroom.
Friday, October 5 is National Manufacturing Day—a day set aside as a celebration of modern manufacturing meant to inspire a future generation of manufacturers. You might say that at Genesis Plastics Welding we celebrate that day every day. Even though we aren’t in a classroom ourselves every day, we haven’t forgotten how important it is to offer the next generation of innovators and potential medical device workers hands-on internship experiences that expand their learning realm and inspire a future career in the manufacturing industry.
“There are so many unknowns in the world for today’s students considering career path options. Hands-on internships can be very enlightening for most students and such a great experience and added value for the employer as well,” said Genesis Plastics Welding President and CEO Tom Ryder. Read more
Genesis Plastics Welding will head to Boston October 4 and 5, 2018 to attend, exhibit and participate in and speak at AMI’s Medical Fluid Bags Conference. For over thirty years, industry leader Genesis Plastics Welding has developed a respected expertise in the RF welding and heat sealing of specialty medical fluid bags for a global OEM market.
The fall conference will allow start-ups, innovators, manufacturers and industry partners to network and facilitate conversations mapping out the future opportunities for industry growth, in the United States and worldwide, by exploring advances in polymer bags for fluid containment. The medical fluid bags sector is growing rapidly creating new interest as competitive growth in the marketplace is anticipated to be over $4 billion by 2024. A growth in the elderly population and age-related disorders are driving the competitive medical fluid bags market including: Blood bags, IV bags, collection bags, irrigation bags, drain bags and mixing pouches. Read more
Genesis to Connect and Exchange Industry Innovation at American Medical Device Summit
As a proven and trusted leader in the medical device contract manufacturing industry, Genesis Plastics Welding will be an active participant in the Generis American Medical Device Summit October 24 and 25 in Lombard, Illinois. The summit will serve as a platform for over 250 medical device industry peers and experts to exchange ideas and insights to enhance design, innovation and quality of medical devices.
Already leading the way through innovative research, development and clean room capabilities in medical contract manufacturing, Genesis Plastics Welding will have the opportunity to hear from several industry key note speakers with extensive experience driving development and process strategy excellence. This networking opportunity puts Genesis Plastics Welding central to cutting edge medical device conversations around streamlining processes, optimizing development and design, decreasing risk and improving speed to market. Read more