Medical product maker Polyzen Inc. has moved into a new headquarters and manufacturing facility in Apex, N.C., doubling its space and preparing for future growth.
The 12-year-old firm moved into a new, 30,000-square-foot facility that includes a 6,000-square-foot, Class 10,000 clean room production area. The company-owned, 43/4-acre site replaces the plant it leased in nearby Cary, N.C., a spokesman said.
The move - completed Oct. 1 - was necessary to support Polyzen's increased business and provide larger clean-room production capacity and assembly space, said President Tilak M. Shah. Polyzen experienced 15-20 percent growth in 2002 and expects it again this year, according to Shah.
The expansion is the first of what could be several phases for Polyzen. As demand dictates, the second would be the addition of 30,000 square feet of manufacturing, production and research space.
Polyzen originally planned to add 5,000 square feet of space in Cary, and possibly spread its operations among several buildings. But such a layout would have been difficult and expensive to manage, Shah said.
``We wanted to move to a place where we could grow without all the extra expenses like moving equipment,'' he said. ``That would hurt production.''
The firm expects similar double-digit sales growth in the next two to five years, Shah said. Polyzen brought about 40 employees to its new location, and once it is operating at full capacity, could employ as many as 90.
Shah said the next main focus for the firm will be to partner with other medical-device players - designers, manufacturers and new companies - to offer customers services ranging from product development and components manufacturing to finished device assembly and packaging.
Such partnerships would complement Polyzen's current sales growth in several areas, including its dip molded and blow molded, low-pressure, latex-free balloons; film welded barrier sleeves and tissue bags; specialty compounds; and tubing. It also would aid the company's research and development on critical components and product development, Shah said.
Polyzen's component lines also include clear probe covers, urethane bladders, thin-wall films and some device assembly. Its devices are used in a variety of medical fields, including cardiology, radiology, oncology, urology, gastrointestinal medicine and plastic surgery, the firm said.
The company - which does 90-95 percent of its business in the health-care market - originally began as a medical-device prototyping firm, but recently became a full-scale manufacturer. Polyzen formed its Medizen division earlier this year to provide original equipment customers with services from R&D to finishing and packaging.