Titan Medical offers surgical implants, devices and instruments, and engineering solutions for the orthopaedic industry
ARCH Medical Solutions, a contract manufacturer for medical OEMs, has acquired Titan Medical Manufacturing for an undisclosed sum.
Titan Medical is involved in the manufacturing of surgical implants, devices and instruments, as well as engineering solutions for the orthopaedic industry.
With more than 120 employees, the company has expertise in the production of close-tolerance instrumentation and implants.
Titan Medical operates two facilities in Bartlett of Tennessee and Lexington of Tennessee.
With around 80,000ft² of space, the Titan facilities consist of a wide range of advanced core competencies that complement the existing manufacturing capabilities at ARCH locations across the country.
The two newly acquired facilities and operations will enable ARCH Medical Solutions to become a diversified supplier in the medical products market.
ARCH Medical Solutions divisional president Paul Barck said: “Titan, which will become ARCH – Memphis, has established itself as a premier supplier of high-quality complex surgical instruments, implants and other products serving the orthopedic industry.
“We look forward to the growth and opportunities this new partnership will bring. Expanding our geographic presence to Memphis is a logical move, as the area has deep roots in the orthopedics market.”
Former Titan principal and continuing president Robert Kenyon stated that the partnership comes at the right time for the company.
In a statement, Kenyon said: “For our team members, ARCH has a positive work culture that values and rewards the contributions of employees. For our customers, ARCH has forged an industry reputation for excellence that will elevate our business relationships and foster deeper connections.”
In March, ARCH acquired contract manufacturer Tier ONE, located in Newtown, Connecticut.
Tier ONE is engaged in manufacturing of high-precision assemblies and other devices serving various segments in the life science research, and medical diagnostic and laboratory equipment markets.