Brothers Mark and Mike Primavera bought back their family's prototype and low-volume medical molding company Dynacept Corp. in October with plans to pour more investments into the firm.
Less than five months - and $1 million - later, the company has added five employees, three presses and a clean room, and is seeing the business the family had hoped for.
``Things have never been better for us,'' said Vice President Mike Primavera in a Feb. 22 telephone interview.
The Primavera family owned Dynacept in Brewster, N.Y., from 1973-98. The brothers still handled day-to-day operations even after the firm merged with Triple S Plastics Inc. in Portage, Mich., in 1998, was purchased by Eimo Group of Lahti, Finland, and finally ended up as part of Foxconn Electronics Inc. of Tucheng, Taiwan, in 2003.
In October, the two decided it was time to retake ownership of the firm.
``Our previous owner was very supportive, but they had other places they had to invest their money,'' Primavera said.
During the past four months, the company has added a second RÃ¶ders RFM 600 high-speed machining center for prototyping, three JSW electric injection molding presses with 60 tons of clamping force, a Class 100,000 clean room tent and an OGP SmartScope for quality control. Dynacept employs 55.
Dynacept manages to see continued growth by having a very focused business, Primavera said. The firm works closely with medical equipment companies, helping them develop new products from original designs to prototypes and even overseeing small-scale production for use in clinical trials.
The company is able to work with preliminary designs, turn out stereolithography prototype parts within 24 hours, build molds and injection mold as many as 30,000 parts to launch production.
``The guys who get the best use of us are the guys who work with us from the start,'' Primavera said. ``We work with them on fine-tuning their ideas and getting them ready for [full-scale] manufacturing.''
The family expects even more growth in the future, and is working on its ISO certification while also keeping an eye out for skilled workers who can take the firm further.
``The key for us is to stay focused and satisfy our niche market,'' Primavera said.