Company Overview
CI Medical Technologies is a leading entity in the medical equipment manufacturing sector, primarily focusing on pad printing services tailored to the medical device industry. Established in 1985, the company is renowned for its unique capability to manage complex marking and labeling solutions on challenging medical substrates, including FEP, PTFE, Silicone, Polyurethane, PP, PE, and Delrin. CI Medical stands as the only ISO 9001:2015 certified pad printer in the U.S. dedicated solely to medical device marking requirements. Operating out of a state-of-the-art, environmentally controlled 20,000-square-foot facility, the firm guarantees high-precision results.
The company's proprietary techniques permit superior printing on medical devices with diverse sizes and intricate surface complexities. CI Medical works in close collaboration with medical device engineers, providing solutions ranging from prototype stages to extensive production runs. Their wide customer base includes prominent Fortune 500 medical device manufacturers, revealing their proficiency in executing both small and large-scale projects.
Recent Developments
In December 2015, Technimark acquired CI Medical Technologies, which significantly enhanced Technimark's capacity as a leading producer of injection-molded components targeting the pharmaceutical and medical sectors. This acquisition underscores CI Medical's market prominence and strategic value within the medical manufacturing field.
Key Executives
- Robert P. Subasic - President & CEO
Leads CI Medical Technologies with a firm commitment to maintaining superior standards in the manufacturing of precise medical devices.
- John D. Pearson - Chief Operating Officer
Manages operations to ensure alignment with strategic objectives and client satisfaction.
- Karl Sluga - IT Director
Operating out of Latrobe, PA, US, provides strategic and tactical leadership in IT, supporting technological progress crucial to CI Medical's competitive edge.
Core Competencies and Capabilities
CI Medical Technologies excels in:
- Advanced Pad Printing: Solutions for intricate multi-color imprints and substrates with challenging adhesive qualities.
- Innovative Inks: Specialty medical inks and bespoke applications aligned with clients' distinct needs.
- Custom Equipment: Personalized equipment customizations bolster efficient, precise, and consistent production outputs.
Strategic Partnerships
The company fosters strategic partnerships with clients to aid in product design and refine production processes. Their integrated approach addresses printing on irregular surfaces and fine detailing needs, essential for medical catheters and similar sectors.
Employee Profile
CI Medical Technologies employs 201-500 individuals across diverse roles, including IT, administration, and human resources. Their commitment to quality and innovative manufacturing methods is evident in their capability to manage high-volume production effectively.
Financials and Employee Data
- Annual Revenue: $35.1 million
- Number of Employees: 140
- Revenue per Employee: $251,000
- Employee Growth: 1% in the last year
Key Personnel
- Karl Sluga - IT Director
- David Mascio - Division Manager
- Angie Eckenrod - Supply Chain Manager
- Don Marsiglio - Systems Administrator
- Juston Dubnansky - Corp. Safety and HR Administrator
- Additional personnel comprise Process Engineers, a Measurement Systems Engineer, and HR representatives.
Competitor Analysis
CI Medical Technologies operates in a highly competitive landscape in the medical equipment and healthcare sector. Key competitors include:
1. Medical Guardian
- Revenue: $73.5 million
- Employees: 293
- Offers medical alert systems targeting senior health solutions.
2. Xodus Medical
- Revenue: $37.9 million
- Employees: 151
- Specializes in perioperative medical solutions with a focus on patient safety.
3. HawkGrips
- Revenue: $7 million
- Employees: 28
- Leader in soft-tissue therapy products and education.
4. Tyber Medical
- Revenue: $56.2 million
- Employees: 179
- Focuses on orthopedic and spinal implants, emphasizing speedy market access.
5. Centinel Spine
- Revenue: $38.9 million
- Employees: 155
- Recognized for spine-related medical devices, particularly disc replacement technology.
Strategic Insights
CI Medical Technologies finds itself in a competitive market of niche-focused medical device companies. With solid revenue metrics and specialized manufacturing prowess, they are aptly positioned to exploit their engineering expertise for growth. Emphasizing advancements in medical technology and maintaining thorough manufacturing standards could be crucial strategies to bolster their competitive edge. Further, nurturing robust relations with pivotal industry players and continuing innovation in manufacturing processes will be essential for sustaining growth and enlarging their market footprint.