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NN, Inc. announced its new medical device division, NN Medical, which will expand its current medical business to leverage NN’s full capacity across a global footprint. The company is immediately targeting growth of its medical components business and possesses the know-how, capacity and footprint to do so.
“We’re uniquely positioned to grow the medical market globally, as we tap into our deep experience in precision manufacturing practices and our dedication to grow in this end market,” said NN CEO Harold Bevis. “We’re confident NN Medical will drive value for our customers and stakeholders across the board.”
NN is adding to its existing Medical Products team and is announcing that Willy Beach has joined as Director of Medical Sales for North America. Mr. Beach is a seasoned veteran in the medical market with over 15 years of experience in medical contract manufacturing, and brings an abundance of industry knowledge, strong customer relationships and a proven track record of substantial growth. Additionally, search processes are underway for a global business leader, and sales leaders for China and Europe.
“Our global network of manufacturing capabilities, leadership and highly technical employee expertise allows us to move quickly and deliver important medical products to customers in orthopedics, biotechnology and non-invasive emerging markets immediately,” said Mr. Beach.
NN Medical will share plants, assets and capabilities with NN’s Power Solutions and Mobile Solutions business units in North America, South America, Europe and China. The new division will offer a range of capabilities suitable for both local and global OEMs in the medical market, which is an excellent fit with NN’s capabilities in precision metal machining, stamping and assemblies, and helps drive immediate shareholder value. NN’s existing orthopedic instruments business, Holmed, will continue to serve its customers in the medical industry.
Source: NN, Inc.
