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Firm to target medtech companies looking for “one-stop-shop.”
November 10, 2010
By: Chris Delporte
Editor
A new joint venture recently was launched in Union City, Calif., to target medical device companies looking for a “one-stop-shop” approach to manufacturing services. The new firm, called Venta Medical, is a partnership between Delta Pacific Products and Venture Manufacturing Group. The goal of the union is to provide local turnkey manufacturing resource solutions to both established OEMs and startups in need of services including planning, procurement, production and distribution. Founded in 2001, Venture Manufacturing Group is a medical device manufacturing company that provides services to medical device startups and established companies. Delta Pacific Products is a full-service plastic injection molding company. The company has a 33,000-square-foot, ISO 9001:2008-certified facility in Union City. Medical and life-sciences customers comprise approximately 80 percent of the firm’s business. The computer, automotive, agriculture, aerospace, recreational, and consumer product industries also are served by the company. “Our unique ‘Press-to CER’ concept is an internal dock-to-stock program that will save customers the cost of planning, buying, inspecting and stocking their molded components,” said Karl Im, Venta Medical’s co-founder and CEO. “Venta’s value-added concept gives customers the advantages of economy of scale offered by two long-established and reputable companies.” Supplier management, component sourcing, assembly, packaging and distribution of sterile finished product are among the areas of expertise the new company touts. According to management, Venta features a reliable streamlined production opportunity for both OEMs and startups that allows customers to focus on their core competencies. “Venta offers a single point of accountability for customers,” said Fred Betke, president of Delta Pacific and co-founder of Venta Medical. “No more finger-pointing or chasing after sub-contractors if there’s a hiccup in the manufacturing process. Plus, with single-source molding and manufacturing, customers can save 10, 15, even 20 percent on their molded component costs. Venta Medical also promises customers transparency in pricing to allow companies to accurately plan the out-the-door expenses of their product manufacturing.” According to Bill Northum, general manager of Venta Medical, medical device companies can hit a bottleneck when faced with the financing and logistical problems inherent in the required infrastructure for the manufacture of high-quality medical products. “Venta is offering a suite of services that can be tailored to fit any size company, and we have the experience, expertise, and reputation to inspire absolute customer confidence,” he said.
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