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Precision Edge Surgical Products Company announced its asset acquisition of Angola, Indiana-based Eva-Lution. Eva-Lution has specialized in the manufacture of medical instruments since 2015.
“The addition of the Eva-Lution operation will enhance Precision Edge’s continued growth in service to our strategic customers,” said Todd Fewins, Precision Edge President. “The demand is there, and this new site in Angola will provide added capacity, manufacturing equipment, and a talented group of people who deliver high-quality medical products.”
With its manufacturing headquarters located in Sault Ste. Marie, Michigan and a second Michigan manufacturing site in Boyne City, Precision Edge has served the medical industry since 1989 by focusing on surgical cutting tools.
The acquisition of Eva-Lution’s more than 60,000-square-foot site will support continued growth in a geographical area that is well known for orthopedic OEMs, as well as accelerate Precision Edge’s implant manufacturing capabilities.
“We are being very intentional in how we grow and where we grow,” said Kenneth Ross, Precision Edge Director of Sales. “We have many exciting opportunities in our pipeline that will expand our offerings in both technology and services, allowing us to remain a leader in this great industry.”
Precision Edge is a member of Colson Medical, which is majority owned by Marmon Holdings, a Berkshire Hathaway company.
