Banner Announces Contract to Stock and Market Veridiam Cannulated BarApril 1, 2012
Banner Medical has announced a long-term exclusive agreement with Veridiam, Inc. (formerly Carpenter Special Products) of San Diego, CA. Under this agreement, Veridiam will manufacture and supply Carpenter Custom 455, Custom 465 and 17-4 alloy cannulated bar tubular materials to Banner Medical. Owing to its long involvement in the medical device and orthopedic markets, Banner will then utilize its patent pending quality control systems (IT-based) and validated straightening, grinding and polishing processes to finish, stock and market the highly specialized products worldwide. The announcement was made by Banner Medical Vice President for Sales, Marketing & Strategic Planning Vince Adams.
Banner maintains a variety of stock sizes of 17-4, 455 and 465 cannulated bar that are ready for immediate shipment. Additionally, Banner's fully validated grinding processes allow it to provide custom precision diameters with relatively short lead times, the company said.
"Our extensive reach into the global medical market and high quality process capability will combine with the core competence of Veridiam in cannulated bar to bring an impressive suite of products to the stringent requirements of the medical device industry," said Adams.
Veridiam, Inc. has been manufacturing cannulated bar for over 15 years. Veridiam's manufacturing process starts with a gun drilled seamless hollow and cold draws the hollow bar through as many as 19 cold draw passes with intermediate anneals. The final cannulated bar exhibits quality concentricity and I.D. surface finish. According to the company, Veridiam's cannulated bar has consistent 8'-12' lengths to improve machining yields.
For more information contact:
494 East Lies Road
Carol Stream, IL 60188-9425