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
Companies & Associations

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

Eastman Chemical expanding Tritan co-polyester capacity

March 27, 2015 10:00 am ET

Eastman Chemical Co.'s Tritan-brand co-polyester business continues to grow, with 35 million pounds of capacity added late last year and a second...    More

Image

Getting a real feel for how 'vinyl saves lives'

March 27, 2015 6:00 am ET

While I'm certainly not shipping off to Africa anytime soon, I got a taste of what medical professionals go through in the fight against Ebola and...    More

Image

Flextronics launches global injection molding, tooling unit

March 26, 2015 4:29 pm ET

Flextronics International Ltd. (Booth S34125) is officially launching Precision Plastics, a global injection tooling and manufacturing unit, as a...    More

Image

Intertech Medical adding presses, people

March 23, 2015 3:28 pm ET

Colorado's Intertech Medical has added five new injection molding presses and expects to add up to another four machines to keep up with a growth in...    More

Image

Kumar left Wall Street to run thermoforming companies

March 18, 2015 6:00 am ET

Jay Kumar was working on Wall Street before he decided to invest in manufacturing, buying Universal Plastics Co. in 2012.    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