SME Launches New Manufacturing Innovations – Medical Canada Event to Highlight $6 Billion Industry
Toronto, Ontario, Canada, June 9, 2010 — While Canada's economy has taken some major hits in the last two and a half years from the ongoing global recession, it has been predicted that the nation will emerge from the current financial crisis "faster than any other country." One industry that could help contribute to this upturn is the nation's more than $7 billion medical device manufacturing industry. And one event that that will highlight this growing field is Manufacturing Innovations – Medical Canada, November 3-4, 2010 at the International Centre, Toronto, Ontario.
Organized by the Society of Manufacturing Engineers (SME) and strategically located in Greater Toronto, the heart of Canada's medical device manufacturing industry, Manufacturing Innovations – Medical Canada is the nation's first event that will connect medical and dental device manufacturers with companies that supply the technology and equipment they need to improve quality, innovation and speed to market all under one roof.
"Manufacturing Innovations – Medical Canada is especially designed to meet the needs of medical and dental device manufacturers focused on the design and manufacture of Class II, III & IV device technology," said Mark C. Tomlinson, SME executive director & general manager.
"This is the event if you want to enter this industry or grow your current business. We are showcasing the broadest spectrum of medical device technologies and solutions from orthopedics, orthotics and prosthetics to pharma delivery products to surgical simulation and beyond," he added.
Manufacturers will above all benefit from visiting high-level manufacturing professionals and accompanying buying teams with significant equipment budgets.
"We conducted a survey of more than 550 Canadian manufacturers and significant numbers are gearing up to buy," said Tomlinson.
"More than 70 percent said they see their businesses increasing in the next 12 to 18 months. Fourteen percent say they are likely to spend $1 million or more on manufacturing equipments within this time frame, while 23 percent say they'll spend in excess of $250,000." he said.
Susan Sackman, a potential buyer and senior manager of strategic procurement, Medtronic Spinal & Biologics, said, "I have always relied on SME as a primary source for medical manufacturing information and resources. This new event strengthens that position and provides medical device manufacturers a venue to connect with qualified suppliers, ready to help them met stringent FDA requirements. It will be time well spent for any medical device manufacturer."
For more information about Manufacturing Innovations – Medical Canada, please call 888.322.7333, e-mail email@example.com or visit www.sme.org/canmedical.
Founded in 1932, the Society of Manufacturing Engineers is the premier source for manufacturing knowledge, education and networking. Through its many programs, events and activities, SME connects manufacturing practitioners to each other, to the latest technology and the most up-to-date processes spanning all manufacturing industries and disciplines, plus the key areas of aerospace and defense, medical device, motor vehicles, including motorsports, oil and gas and alternative energy. SME has members around the world and is supported by a network of technical communities and chapters worldwide.
If you have any questions or comments, please contact SME Public Relations at 313.425.3000, email firstname.lastname@example.org or fax: 313.425.3403.