Zeus has facilities in Aiken, Columbia, Gaston and Orangeburg, S.C. see more
Orangeburg-based Zeus today said the company will invest millions to expand catheter manufacturing capacity worldwide, starting with the expansion of a plant in San Jose, Calif., where construction is already underway.
The company’s core business is the development and precision extrusion of advanced polymeric materials.
Zeus purchased CathX Medical in June 2021. CathX Medical provides catheter-based design, development and manufacturing services to medical device original equipment manufacturers. The expansion will extend the facility's footprint to increase catheter-based design and manufacturing capacity, the company said in a news release.
The company did not say where other else it may invest in expanding catheter production.
Steve Peterson, CEO and president at Zeus, said the investment is in response to growing demand from medical device OEMs.
“Our customers depend on innovative thinking, speed, and the latest catheter design and manufacturing technologies to deliver their life-saving products,” Peterson said in the news release. “We want to solidify Zeus' position as their strategic, long-term partner.”
The existing San Jose site will increase by 127%, extending its footprint to 32,000 square feet, the release said. The expansion also will increase the facility's ISO-certified cleanroom capacity for design, prototyping, validation and manufacturing to more than 7,000 square feet and double Zeus' braiding and coiling capacity for catheter-based minimally invasive devices.
The expansion will create 15 new jobs this year in San Jose and 50-plus new jobs over the next two years, the company said, including project engineers, project managers, product builders and technicians.
Zeus’s enterprise includes advanced polymer solutions, from tubing, catheter componentry and heat shrink to bioabsorbable and implantable medical products, sutures and more. The company employs more than 2,000 people worldwide with manufacturing and sales facilities in Aiken, Columbia, Gaston and Orangeburg in South Carolina, along with Branchburg, N.J.; Chattanooga, Tenn.; San Jose; Guangzhou, China; and Letterkenny, Ireland. Zeus products and services serve companies in the medical, automotive, aerospace, fiber optics, energy and fluid management markets.
Agreement 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.”
ZEUS 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.”