Medical Device Manufacturer Launches in Fort Wayne

Posted: Updated:
FORT WAYNE -

A Fort Wayne-based entrepreneur has launched what the Northeast Indiana Small Business Development Center calls the first minority-owned medical device manufacturing company in the region. Victor Lopez, chief executive officer of Global Medical Industries Inc., says he expects the new company to grow from four to 12 employees by the end of the year.

The Northeast ISBDC says Global Medical, which is located at the Fort Wayne Urban Enterprise Center, will specialize in manufacturing cost-effective, complex implants and instruments, which include products for surgical procedures. The company will also have a smaller focus on supplying products for the aerospace industry.

Lopez received a startup grant from Indianapolis-based Elevate Ventures to help get his company off the ground as well as technical assistance from the Northeast ISBDC. The organization says Global Medical's certification as a minority-owned business will also provide opportunities for contractors to receive government contracts.

Global Medical will hold a ribbon cutting ceremony January 26.

  • Perspectives

    • Making Numbers Work Harder For You

      Sencha CEO Art Landro believes the world has created more data in the last two years than in the preceding 5,000, and that we'll probably create even more than that before this year ends. In every aspect of our lives, we're absolutely drowning in data.

    More

Events



  • Most Popular Stories

    • Springbuk Plans 'Momentous Announcement'

      Indianapolis-based Springbuk is planning what it calls a "momentous announcement." Indianapolis Mayor Joe Hogsett will join the employer health data company for Monday afternoon's announcement at the Union 525 building downtown. Springbuk is headquartered at the downtown tech hub. Last summer, the company said its customer base had grown to 900, leading it to add about 10 employees.

    • IU Effort Sets Sights on Orange County

      Indiana University's Center for Rural Engagement will partner with Orange County for its second Sustaining Hoosier Communities project. Through the collaboration, more than 500 students in 15 courses will take part in work on economic, health and quality of life projects in the southwest central Indiana county throughout the academic year. Planned efforts include a community wellness initiative, an incubator kitchen and a youth artisan apprenticeship program.

    • Methodist Sports Medicine Acquires Bloomington Clinic

      Indianapolis-based Methodist Sports Medicine is adding to its portfolio. The company has acquired Bloomington Bone & Joint Clinic, though financial details were not disclosed. The two companies will officially merge to become Methodist Sports Medicine Bloomington in April.

    • Indy as Amazon 'HQ2' Finalist a 'Powerful Statement'

      The chief executive officer of the state's technology growth initiative is comparing efforts to land Indianapolis a planned, $5 billion Amazon.com Inc. (Nasdaq: AMZN) headquarters to the city's 2012 Super Bowl bid. TechPoint's Mike Langellier says Indy's inclusion on a list of 20 finalists makes a "powerful statement" to other companies looking for prime locations. Langellier said the city meshes with what Amazon is seeking in areas including...

    • New Nonstops For South Bend, Fort Wayne

      New nonstop flights are coming this summer to South Bend and Fort Wayne. American Airlines to restart operations at South Bend International Airport with twice-daily flights to Dallas/Fort Worth International Airport and Charlotte Douglas International Airport. The airline is also adding daily nonstop service between Fort Wayne International Airport and Philadelphia International Airport.