Polymer solutions provider Zeus is set to open its new state-of-the-art catheter-manufacturing facility in Arden Hills, Minnesota, US.
The 75,600ft² facility is expected to be opened later this year and houses an advanced research and development (R&D) lab.
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It also features a cleanroom installed with advanced technologies to design, develop and validate new catheter prototypes as well as additional capabilities such as laser cutting, welding and ablation.
Zeus president and CEO Steve Peterson said: “The state has a long track record in medical device innovation and locating closer to customers will support deeper collaboration across early-stage catheter design and development.
“Furthermore, this facility allows us to scale catheter manufacturing significantly to meet growing global customer and market demand.”
With on-site capabilities across R&D, design and development, the Arden Hills plant is expected to accelerate catheter innovation and bolster the company’s strategic partnerships with OEMs and medical device customers.
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By GlobalDataZeus catheter solutions division general manager Suresh Sainath said: “This facility opens the door to expanding our end-to-end catheter design and manufacturing capabilities all under one roof. It’s a big step for our customers and the industry.
“It also represents a building block for future strategic collaboration between our catheter and polymer customers, enabling industry-defining catheter innovation going forward.”
The company reached an agreement with the Minnesota Department of Employment and Economic Development to receive funding for the new facility under the Minnesota Job Creation Fund.
With this agreement, it is expected to generate more than 100 new jobs in the coming years.
