Stryker to Build New 3-D Printing Manufacturing Facility in 2016

3D_printersNews reports about Stryker, which reported its fourth-quarter earnings on Tuesday, generally centered around the company’s financial performance and the announcement that CFO William Jellison will retire in April.

But buried deep within the earnings conference call, Jellison made a revelation that is bound to thrill any 3-D printing enthusiast eager to see greater application of the technology in healthcare.

The retiring chief financial officer announced that Stryker is a building a new, state-of-the-art 3-D printing manufacturing facility this year.

The details of where and how big were missing from the call and a company spokeswoman didn’t respond to queries, but Lobo and Jellison provided a few more comments that demonstrate Stryker’s 3-D printing strategy or at least the current thinking at Stryker about the technology’s value.

For one, 3-D printing works best with plastics. Metals, to quote Lobo, is complicated. So for now, the 3-D printed products are not aimed at replacing the metal hips and knees business that is Stryker’s bread and butter. Rather, the goal is to create innovative, novel products that gives the company a competitive edge.

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About Peter Coffaro 1134 Articles

A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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