Polymer Medical, a prominent medical device manufacturing company, recently announced its expansion into the Buffalo Niagara region of Western New York, marking a significant milestone in its growth strategy. The company plans to invest $1.5 million in a new state-of-the-art facility, which will bring 15 new skilled jobs to the area. This investment is aimed at enhancing the company’s injection molding and assembly services, key components in the production of critical drug-delivery systems, medical and pharmaceutical disposables, homecare and orthopedic devices, and specialty packaging.
Strategic Expansion and Technological Advancements
Investment in Advanced Technologies to Enhance Production
The expansion includes the acquisition of a newly purchased 4,500 sq. ft. facility located at 168 Thorn Avenue, Orchard Park, NY. This investment will enable Polymer Medical to incorporate advanced technologies designed to record and analyze production data, ensuring superior quality control for every part produced. By integrating cutting-edge machinery and software, the company aims to bolster its manufacturing capabilities, which will support the growing demand for high-quality medical disposables globally. The addition of these technologies not only enhances efficiency but also positions Polymer Medical as a leader in medical device manufacturing.
Support for this investment comes from Invest Buffalo Niagara (InBN), an economic development organization that played a crucial role in assisting Polymer Medical with various aspects of the project. InBN’s support included project management, incentive coordination, utility assistance, and logistics connections. Through these efforts, InBN ensured that Polymer Medical had access to the resources and expertise needed to establish its operations in the Buffalo Niagara region. Additionally, Polymer Medical was awarded a hydropower allocation from the New York Power Authority through the Recharge NY program, which will provide further operational support and contribute to the company’s sustainability initiatives.
Leadership Insights and Regional Impact
Ben Harp, President of Polymer Medical, expressed gratitude for the comprehensive support received from InBN, highlighting how the expansion and the new technological advancements will significantly bolster the company’s market position. He emphasized that this strategic move will enable Polymer Medical to meet the stringent quality requirements of the medical industry while remaining competitive on a global scale. Harp’s sentiments were echoed by Tom Kucharski, President & CEO of InBN, who underscored the alignment of Polymer Medical’s expansion with Buffalo’s strengths in advanced manufacturing and life sciences. Kucharski emphasized that the region’s established expertise and infrastructure provide an ideal environment for Polymer Medical’s continued growth.
The involvement of InBN in facilitating this investment underscores its mission to provide comprehensive services for companies looking to expand or relocate within the Buffalo Niagara region. As a central point of contact for economic development, InBN’s efforts reflect broader trends in regional economic growth, particularly focusing on leveraging local strengths and providing robust support to attract and grow businesses. This approach not only aids individual company growth but also contributes to the overall economic health and development of the region.
Economic and Community Benefits
Job Creation and Regional Development
Polymer Medical’s expansion into Buffalo Niagara will create 15 new high-skilled jobs, further contributing to the local economy. These positions will span a range of roles, from technical and engineering positions to operational and support staff, providing diverse employment opportunities for the community. The company’s presence in the region is expected to stimulate local economic activity through direct employment and the subsequent increase in demand for goods and services. This infusion of job opportunities aligns with regional economic development goals aimed at fostering a thriving and dynamic workforce.
The new facility and the investment in advanced production technologies are poised to make a substantial impact on the local manufacturing landscape. By focusing on cutting-edge technology and high-quality production processes, Polymer Medical sets a benchmark for other manufacturers in the region. The emphasis on quality and innovation will likely encourage other businesses to invest in similar advancements, fostering a culture of continuous improvement and technological excellence in the local manufacturing sector. Such developments contribute to the broader economic vitality of the Buffalo Niagara region, attracting further investments and enhancing the region’s reputation as a hub for advanced manufacturing and life sciences.
Collaborative Efforts and Future Prospects
Polymer Medical, a leading name in medical device manufacturing, has recently announced its expansion into the Buffalo Niagara region in Western New York. This move is a significant step in the company’s broader growth strategy. Polymer Medical plans to invest a substantial $1.5 million into a cutting-edge facility that will not only bolster its capabilities but also create 15 new skilled jobs for the local community. With this investment, the company aims to enhance its specialized injection molding and assembly services. These services are crucial for producing a wide range of medical and pharmaceutical products, including critical drug-delivery systems, disposable medical devices, homecare and orthopedic devices, and high-quality specialty packaging. This expansion is expected to not only meet the growing demand for these essential healthcare products but also contribute significantly to the local economy. The strategic move underscores Polymer Medical’s commitment to innovation and excellence in the medical manufacturing sector.
