Jay Cude co-founded PolyTen LLC in 1998 with a strategy that emphasizes expansion through strategic acquisitions of small to medium-size companies, internal sales growth in target markets such as medical and operating economies associated with a larger enterprise. Thus far PolyTen has acquired a custom injection molding company and a plastic medical-device manufacturing business. Cude is president and chief operating officer of PolyTen and its Coeur Medical Division.
PolyTen, based in Nashville, Tenn., currently has 55 employees and annual sales of about $10 million. The Coeur Medical unit is in Washington, N.C.
Cude has more than 20 years of experience in the medical and plastics businesses. Prior to forming PolyTen, he was group vice president of DeRoyal's Plastics Group, a three-plant injection molding unit that is a major manufacturer of proprietary Class 1 and Class 2 plastic medical devices. Earlier Jay was president of Hospital Disposables Inc., where he introduced the first line of disposable injection molded plastic containers and organizer trays designed specifically for surgical use.
Jay has a degree in marketing from Emory University. He has been a board member of the Society of the Plastics Industry Inc. and is past chairman of SPI's Healthcare Division. Cude is currently chairman of the National Plastics Certification Board of Governors and is a member of SPI's Southern board of directors.