Product Innovation Putnam Plastics recently expanded its product line to include FEP heat shrink tubing, indicating a focus on advanced materials for minimally invasive medical devices. This presents opportunities for sales of complementary extrusion equipment, coatings, and finishing technologies.
Facility Expansion The company has significantly expanded its manufacturing capacity with new facilities in Connecticut and Oregon, suggesting a growing demand for high-quality extruded tubes and catheter components which can open avenues for sales of production equipment and custom tooling.
Industry Focus Specializing in thermoplastic extrusion and custom catheter solutions positions Putnam Plastics as a key player in the medical device manufacturing sector, making it a potential account for suppliers of specialized materials, automation systems, and quality inspection technologies.
Strong Revenue Base With revenues estimated between $25M and $50M, Putnam Plastics demonstrates solid market presence and purchasing power, providing opportunities for high-value sales of innovative materials, machinery, and technical support services.
Technological Adaptation Utilizing a mix of digital tools such as Google Ads and Hotjar indicates a proactive approach to marketing and customer engagement, opening possibilities for sales of digital marketing solutions, analytics platforms, and customer relationship management tools.