Custom injection molder Thogus Products Co. has launched Jalex Medical LLC, a separate company that will focus on biomedical engineering, product development and regulatory and quality assistance.
“Our clients demand flexibility, speed and quality as they compete in the tough, highly regulated medical-device market,” President and owner Matt Hlavin said in an Oct. 15 news release.
Jalex will share the same 76,000-square-foot location in Avon Lake, Ohio, that houses Thogus and its Rapid Protoptype and Manufacturing LLC sister firm.
Thogus acquired a local biomedical firm — Alpha Pack Biomedical Engineering & Design — in 2009 and “had been doing more and more work with biomedical and device companies,” Hlavin said in an Oct. 18 phone interview.
“Our customers had been telling us we were doing really good work with submissions and product development and sourcing, so we wanted to do more of that,” he said. “We also can offer biomedical engineering services and quality and regulatory consulting.”
Medical work done by Jalex can range from surgical devices to implantable devices, as well as respiratory-care equipment and similar applications, Hlavin added.
Thogus will invest $1.6 million on equipment, jobs and facilities in the next year.
“The investment in equipment and personnel is our commitment to fulfilling our client obligation,” Hlavin said in the news release.
The total investment made by Thogus — including expanding its plant by between 30,000 and 50,000 square feet by the end of next year — will be more than $2.5 million, Hlavin said. That amount will cover three new injection molding machines, an overhead rail and crane system, an updated heating, venting and air conditioning system and more additive-manufacturing machines.
The investment also includes a newly hired biomedical engineer and two more who will be hired by the end of the year.
Thogus' sales totals and employee counts are both experiencing strong growth. Total sales for 2012 are expected to be near $30 million — an increase of more than 50 percent over 2011. All three businesses now employ 135 and should employ 150 by the end of 2014. That's up from only 51 three years ago.
Thogus was founded in 1950 as a tool and die shop. The firm entered the rapid-prototyping market in 2009 when it purchased two machines for fused deposition modeling.