CRI Celebrates 30 Years in the Medical Device Industry
CRI Medical Devices is proudly celebrating its 30th year in business this September 17, 2017.
Established on September 17, 1987, CRI built its foundation through the development of technology that enabled catheters to better navigate the inner passages of the body during surgery. This technology was based upon the use of nitinol wire; an industry standard material still to this day.
Over the past 30 years, CRI has continued to focus on the development and manufacturing of catheters and other custom medical devices. Specialties include high-volume assembly, extrusion, domestic and international regulatory services as well as marketing and sales of its Thomas Medical branded, proprietary women’s health products.
In 2008, owner John Steen, PhD converted CRI to an employee-owned company. In 2010, CRI became 100% employee-owned and is still an ESOP today. This business model has created an environment where its highly dedicated employee-stock holders have a vested interest in the success of CRI. Dr. Steen has been with CRI since 1991 and currently serves as Chairman of The Board and assists with export activities for Thomas Medical.
Today, CRI is still headquartered in Indianapolis, IN with locations in Minnesota, Ireland and Costa Rica. CRI has expanded its capabilities and services globally, but has not forgotten the importance of local customer service and quality manufacturing practices. “After 30 years of continued growth, the future for CRI is bright.” stated Dr. Steen.