Premedtec Adds New In-House Equipment

Precision Medical Technologies Inc. has recently added in-house gun drilling with an Eldorado M75-30 machine. The equipment has 30 inch length capability, with ¾ inch diameter material and tailstock counter rotation. The company plans to service internal requirements as well as provide contract services to other Orthopedic manufacturers. Kurt Kamholz, President of Precision Medical Technologies, Inc. explained there are significant scheduling and quality advantages to having gun drilling in-house. Our ability to control more of our own schedule will only improve our on-time deliveries.

Premedtec Completes Stage 2 of ISO 13485 Audit

Kurt Kamholz, President of Precision Medical Technologies, Inc. is announcing that the company has successfully completed Stage 2 of their ISO 13485 audit and is being recommended for certification. We expect to provide a level of Quality that supports and maintains the effectiveness of our Quality Management System and being ISO 13485 compliant is an important step in our program. We want to exceed our customer’s expectations to enhance their position in the marketplace.

Premedtec Continues To Increase Capacity

Kurt Kamholz, President of Precision Medical Technologies, Inc. is announcing that the company will continue to add capacity this year with a new HAAS VF-3 Four Axis Mill, and a new HAAS VF-3SS Five Axis Mill. In addition, the company plans to increase Lathe capacity later this year and add the equipment for in-house gun drilling to allow for greater flexibility in our scheduling. Kamholz believes it is important to invest in the business during slower times to ensure that we will be the chosen supplier with available capacity and skilled employees as demand increases. Not only will we be adding equipment this year, but we are also investing in our Quality System to be 13485 Compliant. Kamholz feels that the company will be certified by the end of this summer and will be in a position to supply our Customers more capacity on the implant side of the business. We will continue with our strategy of focusing on a small group of Customers to provide a very high level of customer service.

Premedtec Will Exhibit at the 5th Annual Orthapedic Mfg & Tech Exposition

Precision Medical Technologies, Inc. will be exhibiting this year at the 5th Annual Orthopaedic Manufacturing & Technology Exposition and Conference, OMTEC, in Chicago on 6/24 and 6/25. The assigned Booth is # 233. Jeff Thornburgh, Co-Owner, and the partner responsible for Sales, commented that the company is looking forward to the opportunity to participate in OMTEC. With such a great deal of uncertainty in the economy and the possibility of funding changes in health care, it is critical that we discuss ways to improve quality and reduce lead-times to help our Customers reduce costs. We believe that Precision Medical Technologies is well positioned to support those initiates with equipment and process validations, improved scheduling techniques and the use of production equipment that is machining the component complete in one operation. OMTEC will be another opportunity for us to listen to our Customers! We want to make sure we understand the challenges they are facing and meet their requirements!

Precision Medical Technologies, Inc. will also be exhibiting at the North American Spine Society, NASS, 24th Annual Meeting on November 11th – 13th, 2009, in San Francisco.

Precision Medical Technologies expands capacity

Kurt Kamholz, President of Precision Medical Technologies, Inc. announced this week that the company had completed as planned the installation of additional equipment to expand capacity and improve customer service. Kamholz explained that since PMT focuses on a small group of customers providing a very high level of customer service, it was important to us to keep our lead-times as short as possible.

Since December of last year the Company has added two new Haas VF-3SS Five Axis Mills which increases the capacity of the Mill area by 50%. We are seeing more demand for five axis milling work, especially in the spinal market, in the form of various cervical plates, thoracic plates, and thoraco-lumbar plates.

In the Lathe area PMT has added a Tsugami TMU1, 11 Axis Swiss Style machine with Milling and Turning capability and Dual Spindles. A Star SV32JII lathe has been added, also two new Mori Seiki NL-2500, 6 Axis machines, with Milling & Turning capability and Dual Spindles. This new equipment nearly doubles the Lathe capacity at the company. The demand for Spinal Instruments and Implants is driving the requirements for a number of components like screws, inserter tips, shafts, long handles, and tubes. In a like manner, the Dual Spindle Mori Seiki 6 Axis Lathes are excellent for large handles, knobs, large inserter tips, and other small intricate components.

Kamholz further explained that the company had recently added the ability to form and bend in-house, and a Thermo Scientific Material Analyzer has been added to the final inspection process to verify material compliance to print at an AQL of 1.0.

Kamholz said he was pleased with the progress to date of adding capacity, and in our efforts to recruit and train staff for the new equipment. We have had a number of our long term employees step up to the challenges of learning the new equipment and are creating new opportunities with this growth. We are only successful if our Customers are meeting the needs of their patients and surgeons, and hopefully this added capacity will help accomplish that objective.