GLADSTONE, N.J. (Sept. 27, 10:15 a.m. ET) — HS Design Inc. and MedPlast Inc. have ended their exclusive partnership, allowing HS to pursue other customers.
HS Design now will independently offer its product-development and design services in markets including health care, national security and consumer products.
The company has been around for more than 40 years, but in recent years had provided design and engineering services exclusively to MedPlast of Tempe, Ariz. Medplast became a minority shareholder of HS in 2009.
“Our decision to conclude our formal relationship with MedPlast presents an enormous opportunity not only to future clients, but also to our current client base,” Tor Alden, an HS partner, said in a news release.
HS Design peforms research, industrial design, engineering and prototype verification.