Summary

Minnesota Medtec Inc

Founded in 1996

Description

Minnesota MedTec is your complete outsourcing partner for medical device companies. Located in the heart of Minnesotas Medical Alley, Minnesota MedTec has access to some of the worlds finest medical product development and manufacturing resources. Minnesota Extrusion, MedTec, medtec, Plastic, Extrusion, plastic extrusion, extrude plastic, angioplasty, catheter, heart catheter, Balloon Catheters, Medical devices, Braiding

Strengths

  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average

Weaknesses

  • Minnesota Medtec Inc has a very small market share in their industry
  • Revenue generated per employee is less than the industry average
  • Variance of revenue growth is more than the industry average
  • Since Minnesota Medtec Inc was founded, the company has experienced slower revenue growth than the industry average

Annual Revenue

Minnesota Medtec Inc's annual revenue

$8148000

Based on Kona Equity data

  • Revenue per employee

    $271600

  • Variance of revenue growth

    7.45

  • Annual revenue growth since founding

    $291000

  • Revenue growth rate from first known quarter to current

    43.4%

Employee Count

30 employees

  • Employee growth rate from first known quarter to current

    48.3%

Executives

Brian Packard

President & Chief Executive Officer

b**@minnesotamedtec.com

Amber Younggren

Development Engineer

a**@minnesotamedtec.com

Jacob Kent

Reflow Department

j**@minnesotamedtec.com

Phone Medtec

President & Chief Executive Officer

p**@minnesotamedtec.com

Mandi Packard

Purchasing

m**@minnesotamedtec.com

Bruce Thronson

Manufacturing Coordinator

b**@minnesotamedtec.com

Sandra Thronson

Quality Inspector

s**@minnesotamedtec.com

Emily Johnston

Manufacturing Lead

e**@minnesotamedtec.com

Karol Nowakowski

Engineering

k**@minnesotamedtec.com

Tim Pulvermacher

Extrusion Manager

t**@minnesotamedtec.com

G Score - 2

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.

Location

11760 Justen Circle 
Minneapolis, MN  55369

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Key Information

  • SIC: 384; 38
  • NAICS: 339; 33
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with Minnesota Medtec Inc.

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Frequently Asked Questions

Where is Minnesota Medtec Inc located?

Minnesota Medtec Inc's headquarters are located at 11760 Justen Circle  Minneapolis, MN  55369.


What is Minnesota Medtec Inc's official website?

Minnesota Medtec Inc's official website is minnesotamedtec.com


What is Minnesota Medtec Inc's revenue?

Minnesota Medtec Inc's annual revenue is $8.1 M.


What is Minnesota Medtec Inc's SIC code?

Minnesota Medtec Inc's SIC: 384; 38


What is Minnesota Medtec Inc's NAICS code?

Minnesota Medtec Inc's NAICS: 339; 33.


How many employees does Minnesota Medtec Inc's have?

Minnesota Medtec Inc has 30 employees


What industry does Minnesota Medtec Inc belong to?

Minnesota Medtec Inc is in the industry of Medical devices.

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