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

    • Increasing Women Leaders in Companies and Associations

      As members of an industry largely populated by male professionals, we see firsthand the need for more diversity. As Katie Culp, president of KSM Location Advisors, noted in a recent blog, diversity leads to better business decisions.

    More

Events



  • Most Popular Stories

    • Coal Loading Facility Planned For Princeton

      A subsidiary of Denver-based Hallador Energy Co. (Nasdaq: HNRG) has announced plans to construct a new truck-to-rail coal loading facility near Princeton. Sunrise Coal LLC in Terre Haute says the facility, known as the Princeton Loop, is expected to be complete in the spring of 2018. 

    • Opioid Withdrawal Treatment Lands FDA Clearance

      The U.S. Food and Drug Administration has given clearance for a medical device developed in Indiana to help treat symptoms of opioid withdrawal. The device, known as the NSS-2 BRIDGE, was created by Innovative Health Solutions Inc. in Versailles.

    • The Critical Importance of Shared Vision

      Vision statements and vision exercises - many organizations have them, but do they work? Business literature on the power of vision exists in abundance. But the real challenge about this strategic element is achieving and acting on a truly shared vision. Make no mistake, the power of shared vision moves mountains, and it's worth the required effort. Here are some thoughts to consider.

    • Holcomb Makes Board Appointments

      Governor Eric Holcomb has made another round of appointments to various boards and commissions. They Include the Indiana Public Defender Commission, the Indiana Tourism Council and the Indiana State Fair Board.

    • On-Air

      Find out when and where you can watch and listen to our reports.