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.