Terumo Cardiovascular Systems
is augmenting its 45-plus year lifespan in Ann Arbor with a new $4.9 million capital investment project. With the help of Ann Arbor SPARK
, Terumo CVS, a maker and global exporter of heart and lung machines and other devices used in cardiac surgery, has secured a tax abatement from Scio Township of up to 12 years for the project.
Included in the investment are a manufacturing execution system to automate the collection and reporting of manufacturing and quality data in real time, an expanded and improved recycling center, the deployment of compact florescent lighting technology on an industrial scale, a new service training room, and a new HVAC system for the chemistry lab, according to Barbara Schmid, the company's communications director.
The 600-employee firm purchased over $20 million worth of products and services from Michigan-based suppliers last year, according to Schmid.
"The improvements are making possible continued business expansion and investment," Schmid says. We are still hiring...We have about 30 open positions right now."
Schmid says the project is expected to be complete by April of 2013.
Source: Barbara Schmid, corporate communications director, Terumo CVS
Writer: Tanya Muzumdar