Precision Medical Technologies Incorporated Revenue and Competitors

Precision Medical Technologies, Inc. is a contract manufacturer of orthopedic implants and instruments with a focus on spine, extremities, trauma and sports medicine. We are ISO 1 3485:2003 Certified. The business is divided into two separate operating Divisions; Implant Manufacturing and Instrument Manufacturing with both segments being staffed with their own Quality Engineering, Production Engineering, and Operating Management. The Instrument Division operates out of the Warsaw and Rome City facilities, while the Implant Division is only located at the Warsaw facility. The Implant Division’s strategy is to minimize variation in the manufacturing process to drive high quality performance. The primary objective is to reduce or eliminate job changes, manufacture on dedicated equipment, and complete the implant production in one operation. Statistical monitoring of the process provides our Engineers with the data to continually improve quality and productivity. The Instrument Division’s business is truly a job shop environment with normal order quantities of 1 0, 20, or 50 units with multiple components. This product mix requires constant changes or set-ups on CNC equipment; the low volumes require 1 00% check of critical dimensions at the machine. The concentration of effort in this business is in the areas of consistent machine set-ups and high quality efficient production on the back shifts.