RANCHO SANTA MARGARITA, Calf., March 22 /PRNewswire/ -- Applied Medical announced today they have completed a planned expansion of their corporate headquarters and manufacturing facilities with the addition of a fourth building, expanding distribution operations. Last year Applied Medical purchased their two-building corporate headquarters complex and completed the construction of a third facility dedicated to advanced manufacturing processes for plastics and metals.
These recent facility expansions, completed within one year of the company's award of two national Group Purchasing Organization (GPO) contracts with Premier Purchasing Partners and MedAssets Supply Chain Systems, continue Applied's growth plan and dedication to excellence in operations. Applied was also recently awarded a GPO contract with Novation as one of their suppliers for trocars, endoscopic instruments and ligation. These three GPOs represent more than sixty-five percent of the hospital market for these devices.
Applied Medical's Divisional President, Gary Johnson, said, "These opportunities hold a very promising future for Applied as we continue to provide advanced surgical products at affordable prices. In the last eighteen months, we have seen a significant increase in demand for Applied's innovation, as well as accelerated growth in our manufacturing capabilities. This new facility will allow us to continue to efficiently meet the needs of our expanding customer base. We look forward to further expansion in the not too distant future."
Johnson added, "The expansion of our state-of-the-art R&D and production facilities reflects Applied's steady growth and commitment to our local community. Our dedication to a 'new generation' approach of meeting both the professional and financial needs of our healthcare sector has taken hold with both our customers and our team members."
The expanded distribution will be fully operational by May 2005. The medical product company's 265,000 square foot manufacturing and administrative facilities are all located in Rancho Santa Margarita, CA.
About Applied Medical
Applied Medical is a new generation medical company committed to the pursuit of sustainable, progressive healthcare solutions. Applied designs, manufactures and distributes innovative surgical products that enable cost effective procedures and techniques and enhance patient outcomes. For more information, visit http://www.appliedmedical.com/ or contact Mary Jo Stegwell, Senior Vice President, Corporate Communications, 949-713-8000.
CONTACT: Mary Jo Stegwell, Senior Vice President, CorporateCommunications of Applied Medical, +1-949-713-8000