Medical device manufacturer PrinterPrezz acquires Vertex Manufacturing
October 15, 2021
Medical device manufacturer PrinterPrezz, Inc., Fremont, California, USA, has acquired Vertex Manufacturing, a provider of Additive Manufacturing, CNC machining and services, based in Cincinnati, Ohio. Vertex was established in 2020 by Greg Morris, founder of Morris Technologies Inc. (MTI), and former MTI employee Steve Rengers.
PrinterPrezz develops advanced medical devices using processes that combine expertise in AM, orthopaedics, semiconductor and nanotechnologies. The company aims to solve challenges for various parts of the medical innovation value chain by providing prototyping, development, and manufacturing services for numerous medical devices.
“Bringing together the complementary strengths of two innovative companies in the advanced manufacturing space is a transformative event that will allow customers across multiple industries to benefit from best-in-class proprietary technologies, IP, and workflows,” stated Shri Shetty, CEO of PrinterPrezz. “Solving the problem of the fragmented nature of the Additive Manufacturing supply chain, we created an end-to-end platform to optimise the process from device innovation through volume manufacturing. This acquisition provides PrinterPrezz with core fundamental post-processing technologies relevant to accelerate time to market for medical devices.”
PrinterPrezz will continue to primarily focus on medical devices, leveraging in-house regulatory experience, clinician-driven design, AM knowledge, and in-house nanotechnology development. The Fremont design, engineering and manufacturing centre will continue to maintain all requirements for medical device manufacturing including ISO-13485:2016 and all relevant regulatory requirements.
Vertex Manufacturing will continue to support all advanced manufacturing industries including medical, aerospace, defence, oil & gas, energy and consumer goods industries. The Cincinnati engineering and manufacturing centre will maintain all of its current certifications including ISO 13485:2016 and SAE AS9100:2016. The Cincinnati facility remains and will continue to be fully ITAR compliant and registered.
Shetty added, “Over the past two years, our two companies have had a great working relationship. They immediately strengthen our technical capability and provide a location with a deep history of manufacturing expertise. We value their experience and perspective and look forward to leveraging Vertex Manufacturing’s vast knowledge as we create a global platform.”
Greg Morris, CEO of Vertex Manufacturing and PrinterPrezz CTO, commented, “I have been a part of the PrinterPrezz organisation since its earliest phases, originally as a member of the Board of Advisors, and more recently as Chief Technology Officer. The opportunity to bring Vertex into the PrinterPrezz organisation is an incredible opportunity for both companies’ customers.”
“We believe the cross-pollination of various industries is a tremendous strength,” he continued. “As such, our Cincinnati, Ohio facility will rapidly grow to support the installation of new Additive Manufacturing and post-processing tools to support all of our existing customers as well as to support the increasing demand from the medical industry.”
