sam patrick posted an articleAgreement expands contract manufacturing services for Zeus customers see more
Zeus Industrial Products has agreed to integrate catheter-based contract manufacturer CathX Medical into its organization.
The financial terms of the agreement were not disclosed in yesterday’s announcement.
San Jose, Calif.–based CathX provides catheter design engineering services, rapid prototyping, manufacturing, and full or sub-assemblies. CathX’s leadership will continue to manage the San Jose facility, services, and team members under the global leadership of Zeus CEO Steve Peterson.
Zeus (Orangeburg, S.C.) has a core business centered on component manufacturing across medical and industrial markets. However, the integration with CathX extends Zeus’ capabilities to include contract manufacturing services for medical customers.
“Like Zeus, CathX is very much a ‘people-first’ company,” Peterson said. “We share the same core values across excellence, people, integrity and creativity, and are delighted to welcome the entire CathX team into our Zeus family.”
sam patrick posted an articleZEUS promotes Steve Peterson to President see more
Steve Peterson has been named president of SCBIO investor group Zeus Industrial Products Inc., a polymer extrusion manufacturer and material science innovation company based in Orangeburg, effective immediately.
Peterson previously held the position of global head of marketing and sales and senior vice president. He will continue to report to Zeus CEO John Winarchick.
“Since joining Zeus in 2017, Steve has been leading the global sales and marketing function,” Winarchick said in a news release. “During this time, he has demonstrated exceptional customer focus and leadership. Along with his ample skill set and experience, these capabilities will prove extremely valuable in his new role.”
Peterson will focus on developing growth strategies and team building.
"I look forward to leading our 1,500-plus employees around the globe as we continue to deliver top-notch service to our customers,” Peterson said. “I will focus on maintaining the growth momentum Zeus has enjoyed since its inception. I am grateful for the confidence placed in me and am excited to assume this new role.”