CRANSTON – Medical device manufacturer Cadence Inc. broke ground Wednesday on a 34,000-square-foot expansion of its Cranston facility.
The Staunton, Va.-based company is investing $3.3 million in the expansion to “make way for additional precision machining, laser processing and automation equipment,” according to a release.
The expansion, which is expected to be completed by the end of this year, will nearly double the size of the facility, bringing it up to 77,000 square feet.
“Our Cranston facility has quickly become one of the major facilities in the U.S. for precision machining of the most complex parts that go into surgical devices,” Alan Connor, president and CEO of Cadence, said in prepared remarks.
“Much of our Swiss machining equipment now runs ‘lights out’ to keep pace with the growing demand,” said Connor. “We have also added unique laser capabilities that are optimized for fine tube fabrication.”
Last year, the company completed a 25,000-square-foot expansion to its Staunton headquarters and recently opened a facility in Pittsburgh.
Join PBN and two panels of successful female executives, business owners and entrepreneurs as we delve into what women should do to advance their careers, and become leaders in the corporate world and their own enterprises.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.