Four things to know:
1. The $14 million facility will create up to 132 jobs by the end of 2025, according to the report.
2. The companies said the facility will help reduce inventory by up to 83 percent and cost of goods by up to 48 percent.
3. The headquarters has the capacity to double in size if required.
4. Mach Medical is an orthopedic supply chain company, and Sites Medical develops implants for orthopedic procedures.
More articles on devices:
Medtronic CEO predicts AI, machine learning as ‘the new frontier for medtech’ — 4 key quotes
40 orthopedic devices receiving FDA clearance in December
Stryker, Smith+Nephew seal 1st acquisitions of 2021: 7 device company notes
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
