A rising tide lifts all boats, as they say, and that seems to be working for BMP Medical (Sterling, MA). The global medical device industry is forecast to achieve a 5.6% compound annual growth rate through 2024, according to business consultancy EvaluateMedTech (Boston), and contract molder BMP is riding that wave to the tune of a new 80,000-square-foot facility, more than doubling the production space of its previous 30,000-square-foot plant. The company showcased its increased capabilities at the co-located Medical Design & Manufacturing (MD&M) and PLASTEC West event in Anaheim, CA, this week.
The third-generation, family-owned company has expanded its Class 8 cleanroom and installed 16 injection molding and two injection blow molding machines in the new space. The all-electric injection molding machines range from 110 to 337 tons, said Mike Faulkner, President and company owner. “We have experienced high single- to low double-digit growth over the years, and the expansion responds to the steady, intelligent growth we forecast in the years ahead,” Faulkner told PlasticsToday. In fact, BMP has pencilled in a design for more production space in the years ahead that could bring the total number of injection molding machines to 40.
In addition to injection and injection blow molding services, BMP offers two-shot and insert molding as well as packaging and assembly services.
In 2016, BMP Medical was the first injection molding company to achieve accreditation from MedAccred, a medtech-industry-managed program that provides supply chain oversight via standardized audit criteria. The company is currently undergoing ISO 13485:2016 certification.
BMP Medical is offering private tours of the facility for medical device and diagnostic OEMs throughout the year. Contact the company to schedule a visit.