Ernie Green Industries buys stake in Ohio medical device company

By Rhoda Miel
News Editor

Published: March 22, 2013 4:30 pm ET
Updated: March 22, 2013 4:32 pm ET

Related to this story

Topics Medical, Mergers & Acquisitions, Injection Molding

BEAVERCREEK, OHIO — Ernie Green Industries Inc.'s subsidiary eNNOVEA Medical has signed an alliance with a maker of medical devices that will see it invest $2.5 million into the firm and taking a 26 percent ownership in PercuVision LLC.

The alliance with Columbus, Ohio-based PercuVision will help both firms create more cost-competitive products and increase the sales and marketing efforts of the PercuVision direct vision catheter, the companies announced in a March 22 news release.

The alliance also will build on production capabilities of EGI, a molder based in Beavercreek, Ohio, and help it expand in the health care industry, supporting existing products and developing new ones.

"The alliance with PercuVision supports our strategy to bring innovative technologies to the health care industry," said EGI President Larry Jutte.


Comments

Ernie Green Industries buys stake in Ohio medical device company

By Rhoda Miel
News Editor

Published: March 22, 2013 4:30 pm ET
Updated: March 22, 2013 4:32 pm ET

Post Your Comments


Back to story


More stories

Image

German molder picks North Carolina for US manufacturing plant

February 26, 2015 4:21 pm ET

UPDATED — German medical goods company Raumedic AG has chosen Mills River, N.C., for its first U.S. manufacturing site and U.S. headquarters.    More

Image

Plastic Omnium makes China investment push

February 26, 2015 4:35 pm ET

Three of the six new plants that automotive molder Plastic Omnium SA plans this year will be in China, part of a broader push it’s making in...    More

Image

Ferro acquires TherMark Holdings for $5.5 million

February 26, 2015 12:15 pm ET

Ferro Corp. said it acquired privately held TherMark Holdings Inc., a laser marking technology company, for $5.5 million in cash.    More

Image

Serbia puts Krušik-Plastika up for sale

February 26, 2015 11:39 am ET

The Serbian Privatization Agency has launched the privatization process for local plastics maker Krušik-Plastika. The agency says it is...    More

Image

3i to sell specialty chemicals company Azelis to Apax Partners

February 26, 2015 11:36 am ET

Azelis Holding SA, the specialty chemicals distributor, is being sold by its private equity owners 3i Group plc to another private investment outfit, ...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events