Cadence and VCTC Join Forces to Invest in the Future of Manufacturing

Cadence recently partnered with Valley Career and Technical Center (VCTC), located in Fishersville, Virginia, to help get their new Computer Integrated Manufacturing (CIM) program up and running to help train the next generation of the manufacturing workforce. Cadence donated funds that provided a UR5 collaborative robot to be used in the lab’s Robotics & Automation Work Cell, four Form 2 production-quality Stereolithographic (SLA) printers with a year supply of resin, a UV Cure post-processing chamber and a post-processing wash unit all to be used in the Design & Additive Manufacturing Work Cell in an effort to invest in the future of manufacturing.

 “The donation from Cadence contributed to making this a game-changing, benchmark program and facility,” stated Andrei Dacko, CIM Instructor. “We are working on breaking down the barriers and stereotypes about manufacturing and introducing students to really cool technologies used in state-of-the-art fabrication.”

VCTC’s CIM program began in August with fourteen students enrolled from various local high schools. The one-year program provides juniors and seniors with training across core manufacturing and engineering skillsets including the design process, technical sketching and drawing, 2D and 3D part modelling, design for manufacturability, reverse engineering, robotics, automation and manufacturing processes.  Upon graduating from the program, students will have a solid foundation for success as an entry level operator with local manufacturers, as well as preparation necessary for post-secondary education in advanced manufacturing and engineering-related degree programs.

“This investment planted a seed for a much higher return in the future,” said Ken Cleveland, Cadence’s Chief Financial Officer. “We are very proud to support our community’s youth and in turn, we look forward to hopefully having some of these students join our team down the road.”

Mr. Dacko also stated, “This partnership is invaluable as it demonstrates something local students and schools don’t often experience – an up-front commitment from a local employer that says we believe in you, and we believe in the importance of what you’re learning and want to help set you up for success.” This partnership also offers students the opportunity to collaborate with Cadence on mutually beneficial projects such as part design and prototyping which provides students with real-world skills.

In addition, CIM students got the chance to tour Cadence’s Virginia facility to see the machines and processes in action.  This experience allowed students to observe a day-in-the-life of manufacturing so that they could then apply that knowledge back in the classroom. 

Cadence Expands CNC Electrochemical Grinding Technology

Cadence recently expanded its Electrochemical Grinding (ECG) technology at the Cranston, Rhode Island facility.  The latest equipment uses high precision, burr-free grinding with CNC control.  This enables robust processing of harder materials such as spring tempered steel and heat treated stainless steel for profile grinding- shavers and related products.

 “This latest technology allows us to produce high precision, burr-free point grinding, as well as complex geometries with a cost effective process for our customers,” stated John Rose, Senior Project Engineer at Cadence RI.  “Some of our current operations such as tube cutting, stylet notch cuts, and trocar tip forms are now burr free in one efficient process.”

The new ECG technology also allows grinding to extremely tight tolerances and very low cutting forces for thin wall parts.  Furthermore, Cadence can cut almost all types of metals burr-free with this new technology. 

Interested in learning more about our ECG technology, visit www.cadenceinc.com/ecg.

Cadence Completes Expansion for PEEK Machining and Molding

Cadence recently completed the expansion of its machining capabilities to include Polyether ether ketone (PEEK) machining and molding capabilities as the use of PEEK components continues to rise in implantable medical devices.

Our dedicated PEEK cell enables us to provide our customers with machined prototypes and low volume production parts for new designs, as well as molded components for high volume production. Our parts are manufactured using no cutting fluids; therefore, they are machined dry to keep burrs to a minimum and to reduce the risk of contaminants.

“We have been producing PEEK components for many years,” stated Ric Medeiros, Engineering Manager at Cadence’s Rhode Island facility. “The new PEEK cell further demonstrates our commitment to our customers by investing in technologies, and in this case, for the advancement of implantable medical devices.”

In addition to the new PEEK machining and molding capabilities, Cadence also specializes in CNC Machining, Swiss Machining, Screw Machining, Micro Machining, and LaserSwiss Machining – manufacturing millions of parts per year.

Cadence Wins Leadership in MedTech Award for Contract Manufacturing

Cadence, Inc. is pleased to announce that readers of Medical Design & Outsourcing (MDO) magazine voted Cadence as the winner of the 2017 Leadership in MedTech Award for Contract Manufacturing for the second year in a row.  The prestigious Leadership in MedTech Award celebrates medtech leadership in multiple disciplines annually.

“The Cadence team is extremely proud to be the winner recognized in the very competitive field of contract manufacturing,” stated CEO Alan Connor.  “We are accelerating and expanding our services in ways that provide new value for our customers.”

For information on getting Cadence to provide YOUR contract manufacturing, contact us at cadenceinc.com/contact.

To vote for Cadence for the 2018 Leadership in MedTech Awards, click HERE.

About Cadence, Inc. – Cadence Inc. is a leading supplier of advanced products, technologies and services to medical device and specialty industrial companies worldwide. Cadence develops solutions-oriented relationships with customers and provides highly technical solutions that enable improved product performance in clearly measurable ways. Cadence employs more than 475 people worldwide with its headquarters in Staunton, VA

Cadence Inc. to be acquired by Kohlberg & Company

Cadence Inc., a leading provider of complex high-precision components and finished devices for advanced surgical and specialty industrial applications, announced today the signing of a definitive agreement to be acquired by Kohlberg & Company, a leading private equity firm based in Mount Kisco, New York.

Alan Connor, Cadence’s President & CEO, will continue to lead the Company and its management team will remain in place.  “This transaction is a significant milestone in the history of Cadence and a testament to the outstanding team we have assembled.  We are proud of what we have achieved as a team and excited about partnering with Kohlberg and writing the next chapter of the company’s history together,” said Connor.

Cadence is a leading provider of end-to-end design, engineering, and manufacturing services for its customers across the entire product lifecycle.  The Company innovates and manufactures highly engineered metal and plastics subassemblies and finished devices for its customer base of leading medical device and specialty industrial companies across the endoscopy, minimally invasive orthopedics, laparoscopy, robotics, life science, and specialty industrial end-markets worldwide.

Backed by the financial strength of Kohlberg’s private equity funds, it is expected that the acquisition will accelerate the expansion of Cadence’s capabilities and its ability to serve customers in all of their core locations.  “We are excited to be partnering with the team at Cadence,” commented Roger Prevot, Operating Partner of Kohlberg.  “Since its founding in 1985, the Company has cultivated a leading market position by designing and delivering highly technical solutions for its customers.  We look forward to working closely with Cadence to accelerate, enhance, and expand its service offering, while supporting the Company’s longstanding commitment to providing exceptional service for each of its customers across all market segments.”

Kohlberg plans to maintain current operations, allowing Cadence’s long-standing tradition of design, development, and manufacturing excellence to continue unimpeded.  “Kohlberg’s reputation of investment success within the medical device manufacturing sector as well as its track record of fostering world-class operational performance makes them the ideal partner to help us accelerate Cadence’s plans for strategic growth,” said Connor.

Piper Jaffray is serving as exclusive financial advisor to Cadence on the transaction.  DLA Piper LLP (US) is serving as legal advisor to Cadence.  Baird is serving as financial advisor, and Ropes & Gray LLP is serving as legal advisor to Kohlberg in connection with the transaction.

About Kohlberg

Kohlberg & Company L.L.C. (“Kohlberg”) is a leading private equity firm headquartered in New York. Since its inception in 1987, Kohlberg has organized eight private equity funds, through which it has raised $7.5 billion of committed equity capital. Over its 31-year history, Kohlberg has completed 72 platform investments and approximately 170 add-on acquisitions, with an aggregate transaction value in excess of $15 billion. For more information, please visit www.kohlberg.com.

About Cadence

Cadence Inc. is a leading supplier of advanced products, technologies and services to medical device and specialty industrial companies worldwide. Cadence develops solutions-oriented relationships with customers and provides highly technical solutions that enable improved product performance in clearly measurable ways. Cadence employs more than 475 people worldwide with its global headquarters in Staunton, VA. More information on Cadence can be found at www.cadenceinc.com.

Cadence contributes to latest ODT article on Laser Processing

As a “go-to” source for laser processing requirements, Cadence offered updated perspective to ODT’s latest summary of laser developments.

In a featured article titled, “Maintaining a Laser Focus”, advancements in laser cutting, laser welding, and LaserSwiss are highlighted.

Also noted is the on-going development of custom manufacturing solutions in our Advanced Welding LabTM.  This effort allows us to choose the best laser raw technology and couple it with the motion control and material handling systems needed to yield the best outcome for our customers.

For more information, read the full article at odtmag.com

2017 Martin Lightsey Scholarship Recipients Meet Founder, Tour VA Facility

Every year, Cadence honors founder Martin Lightsey's achievements and successes by awarding local high school seniors with the “Martin Lightsey Scholarship for Technical Education” through the Community Foundation of the Central Blue Ridge in hopes of helping others achieve their goals of furthering their education in a tehcnology-based field.

This scholarship is awarded to deserving high school seniors, residing in Staunton, VA, Waynesboro, VA, or Augusta County, VA, who pursue technical education at either a two- or four-year college or university.

Recipients of the 2017 Martin Lightsey Scholarship, Sadie Garber, Emma Casto, and Micalah Morrison, stopped by Cadence's headquarters in Staunton, VA on January 4, 2018 and had the opportunity to meet Martin Lightsey and receive a tour of the Virginia facility. 

For more information about the “Martin Lightsey Scholarship for Technical Education”, please visit the Community Foundation of the Central Blue Ridge's website

Cadence Expands Laser Processing Technologies

Cadence continues to expand its laser processing technologies to meet the ever-changing needs of new product development for our customers. Recently, Cadence purchased a new CL900 Cincinnati laser cutting machine and completed its installation.

The new 4,000W fiber laser cutter adds to our existing portfolio of modified tube cutting lasers and completely custom flat sheet cutting lasers. It also has the ability to cut 1,000 Inches Per Minute (IPM) with a positioning accuracy of +/-0.001” and a 5’ x 10’ cutting area.

 “The new fiber laser has impeccable accuracy and speed,” stated Jeff Glass, Senior Staff Project Engineer and laser processing expert located at Cadence’s Staunton, Virginia facility. “With the new machine, we can cut thicker materials with tighter tolerances and hopefully reduce more expensive process steps like wire EDM or machining.”

In addition to laser cutting, Cadence provides other laser processing capabilities such as laser welding, laser marking, and LaserSwiss. Also under development in our Advanced Welding LabTM is a new system for testing cutting-edge laser welding optics for our next-generation equipment.

Cadence RI Earns Healthy Workplace Award for 5th Year in a Row

Cadence's Rhode Island facility was recognized with a Superior Worksite Health Award from Blue Cross & Blue Shield of Rhode Island (BCBSRI) and the Greater Providence Chamber of Commerce (the Chamber) for effective programs encouraging employee health and well-being in a meaningful way.

“We strive to make a positive impact on the health and well-being of our employees,” stated Amanda Vendetti, Human Resources Generalist at Cadence RI. “Receiving this award for the fifth consecutive year confirms the commitment to our employees and we are thankful to receive another Superior Award for Worksite Health.”

Cadence was one of more than 75 Rhode Island businesses honored by BCBSRI and the Chamber with a Worksite Health Award at a breakfast attended by hundreds of state business leaders. The event celebrated local businesses who have demonstrated a commitment to improving Rhode Islanders’ overall health through innovative wellness programs, as companies and individuals.

“We commend Cadence for investing in wellness programming and creating a stronger workforce,” said Kim Keck, president and CEO of BCBSRI. “Employees who are encouraged to take charge of their own health and wellness feel empowered and valued. Working as a team to help employees get healthy and stay healthy translates to a more committed, more engaged workforce – and that is a true sign of success.”

“By increasing morale and production, and decreasing healthcare costs and sick leave, worksite health programs are a win for all involved. We applaud Cadence for making the commitment to invest in the wellness of their team and for inspiring more Rhode Island businesses to find creative ways to help their employees live better, healthier and happier lives. We encourage other companies to follow their lead,” said Laurie White, president of the Greater Providence Chamber of Commerce.

Cadence, Inc. Launches Responsive, Redesigned Website

Cadence, Inc. is pleased to announce the launch of its newly redesigned website, cadenceinc.com.  The new website highlights the company’s various products and manufacturing capabilities, along with videos and the latest corporate news and events.

“We are very excited about the website launch and feel that the new site better aligns with our company’s vision for innovation and growth,” stated CEO Alan Connor.  “The redesigned website is also another way we strive to invest in technologies to provide a better user experience for our customers, employees, and shareholders.”

The new website is responsive design, which allows customers to easily view cadenceinc.com from their computer, tablet, or mobile device.  Visitors to the new website are encouraged to search through the content as well as subscribe to up-to-date email communication from Cadence.  For information on Cadence’s other businesses, please visit:

Cadence, Inc. Wins 2016 Leadership in MedTech Award for Contract Manufacturing

Cadence, Inc. is thrilled to announce that readers of Medical Design & Outsourcing (MDO) magazine selected Cadence as a recipient of the 2016 Leadership in MedTech Award for Contract Manufacturing.  Leadership in MedTech is a growing industry recognition program that acknowledges medtech leadership across multiple disciplines. 

“We are very excited and thankful for this recognition,” stated CEO Alan Connor.  “We take special pride in that this award was voted on by the readers, many of whom are our customers.  Being acknowledged with a Leadership in MedTech Award for Contract Manufacturing further validates our total commitment to our customers’ commercial success.”

Medical Design & Outsourcing magazine readers voted up until December 31, 2016.  MDO announced the winners with the most votes in late February 2017, and Cadence received the official award this week.

To vote for Cadence for the 2017 Leadership in MedTech Awards, click HERE.

Cadence, Inc. Launches New Cadence Science Website

Cadence, Inc. announced today the launch of a new e-commerce solution, cadencescience.com, that allows its customers to easily conduct online purchasing of custom and standard precision fluid handling components and fluid movement systems for laboratory testing and dispensing applications.

“We hope that our customers enjoy this new solution.  It helps our customers to easily make purchases online using a credit card,” stated TM Dickinson, VP of Sales.  “We understand that customers like the convenience of online purchasing, especially when time is a critical factor.”

The new web store features products such as animal feeding needles, adapters, standard and custom needles, stopcocks, and syringes.  

To view the new web store, please visit cadencescience.com.

Cadence Hosts “Buy Local” Event

Cadence, Inc.’s Sturgeon Bay, WI facility hosted the Door County, WI Economic Development Corporation’s “Buy Local” networking event.  The event focused on networking and helping familiarize the Door County business community and public with products that can be purchased locally.  While products made in the Sturgeon Bay facility cannot truly be purchased locally, most residents encounter these WI-made products on a daily basis and do not even know it.

“Although we do not sell locally, we feel that this event brought great awareness to our new facility and can be used as a recruitment tool down the road,” stated Sandy Sekadlo, VP of Manufacturing for Cadence WI.  “The more people that know about us, the better, in terms of future employment and growth of our WI operations.  Additionally, our products are used in various applications that most people can relate to such as the automotive and medical device industries.”

More than 60 guests attended the event, including State Representative Joel Kitchens and Mayor of Sturgeon Bay, Thad Birmingham.  

Cadence Completes Facility Changes

Cadence announced today that it has finalized planned changes to its manufacturing footprint. This effort to optimize use of company assets included the move of the Sturgeon Bay, Wisconsin operations into a new 63,000 ft2 production facility and the divestiture of facilities located in Plymouth, Massachusetts, and the Dominican Republic.

The new, state-of-the-art facility in Sturgeon Bay will showcase core capabilities in precision stamping, multi-slide forming, injection molding, automated assembly, and in-house tool building. Other changes include the sale of the Dominican Republic facility to EG-GILERO, a division of EG Industries, and the consolidation of the facility in Plymouth, Massachusetts.

“We continue to strengthen our trusted manufacturing platform,” said Alan Connor, CEO. “As a customer-focused partner, we respond quickly to our customers’ ever-changing needs. This evolution drives us to provide metals and plastics solutions within each of our facilities to reduce lead-time and total manufacturing costs. It is also important to note that our recent lean manufacturing efforts to eliminate labor content through automation and advanced tooling concepts have minimized the need for a low-cost labor option. Notwithstanding one-time costs associated with these changes, we expect that this facility optimization will improve our financial performance and confirms our commitment to long-term success for our customers, employees and shareholders.”

About Cadence, Inc. – Cadence is a single-source contract manufacturing partner.  Cadence makes new devices a reality and delivers end-to-end solutions that simply make the world work better. Cadence employs more than 450 people worldwide with locations including:

  • Advanced manufacturing in Rhode Island, Virginia, and Wisconsin
  • Product Realization CenterTM in Pennsylvania

For more information on Cadence, please visit our website at cadenceinc.com. 

Cadence, Inc. Celebrates Grand Opening of New Wisconsin Facility

Cadence's new Wisconsin facility.Cadence, Inc.’s Sturgeon Bay, Wis. facility celebrated its grand opening of the new 63,000 square foot facility with a ribbon cutting ceremony today.  The new building nearly triples the footprint of the previous facility and enables increased production capacity of the team’s core capabilities in precision and microstamping, multi-slide forming, injection and insert molding, and automated assembly.

“I am truly honored and proud to be here today as we celebrate the grand opening of our beautiful new facility,” said Sandy Sekadlo, VP of Manufacturing for Cadence Wis.  “We look forward to expanding our current capabilities to better serve our customers' needs and also anticipate adding to our workforce over the next several years.”

Cadence is a single-source manufacturing partner for medical device, diagnostics, industrial and automotive companies worldwide, providing end-to-end solutions focused on best-in-class total value.  

Partners choose Cadence for:

  • Mission-critical components (plastics + metals)
  • Complex sub-assemblies
  • Finished devices
  • Concept through commercialization solutions

Cadence Completes Move into New Wisconsin Facility

Cadence, Inc. announced today that it has completed its move into a new, state-of-the-art, 63,000 square foot facility located in the Sturgeon Bay Industrial Park at 1425 S. Neenah Avenue in Sturgeon Bay, Wis.  A grand opening and ribbon cutting ceremony is scheduled for Tuesday, July 26. 

Cadence is a single-source manufacturing partner for medical device, diagnostics, industrial and automotive companies worldwide, providing end-to-end solutions focused on best-in-class total value.

Partners choose Cadence for:

  • Mission-critical components (plastics + metals)
  • Complex Sub-assemblies
  • Finished devices
  • Concept through commercialization solutions

“I would like to thank all of our employees and customers for their support over the past year,” said Sandy Sekadlo, VP of Manufacturing for Cadence Wis.  “With nearly three times the footprint of the previous building, we are excited about our increased production capacity.  We are very proud of our new facility and look forward to showcasing our core capabilities in precision and micro-stamping, multi-slide forming, injection and insert molding and automated assembly.”

About Cadence, Inc. – Cadence is a single-source contract manufacturing partner.  Cadence makes new devices a reality and delivers end-to-end solutions that simply make the world work better. Cadence employs more than 450 people with locations including:

  • Advanced manufacturing in Rhode Island, Virginia, and Wisconsin
  • Product Realization CenterTM in Pennsylvania

Cadence Earns Healthy Workplace Award

Cadence was recognized with a Superior Worksite Health Award from Blue Cross & Blue Shield of Rhode Island (BCBSRI) and the Greater Providence Chamber of Commerce (the Chamber) for effective programs encouraging employee health and well-being in a meaningful way.

“We are so proud to win the Superior Workplace Health Award for the fourth year in a row,” stated Amanda Latek, Human Resources Generalist at Cadence RI. “It confirms that our continuous wellness efforts are making an impact on the health and well-being of our employees.”

Cadence was one of more than 75 Rhode Island businesses honored by BCBSRI and the Chamber with a Worksite Health Award at a breakfast attended by hundreds of state business leaders. The event celebrated local businesses who have demonstrated a commitment to improving Rhode Islanders’ overall health through innovative wellness programs, as companies and individuals.

“We commend Cadence for investing in wellness programming and creating a stronger workforce,” said Melissa Cummings, chief customer officer, at BCBSRI. “True wellness is the culmination of many smaller choices, not just a new workout regimen or a fad diet, and we applaud this year’s Worksite Health Award recipients whose initiatives highlight the many ways that supporting those healthier decisions can improve life at work, at home, and throughout our community.”

“By increasing morale and production, and decreasing healthcare costs and sick leave, worksite health programs are a win for all involved. We applaud Cadence for making the commitment to invest in the wellness of their team and for inspiring more Rhode Island businesses to find creative ways to help their employees live better, healthier and happier lives. We encourage other companies to follow their lead,” said Laurie White, president of the Greater Providence Chamber of Commerce. 

Cadence Celebrates 20-Year Partnership with Blue Ridge Community College

There is a long history between Cadence and Blue Ridge Community College (BRCC) located in Weyers Cave, Va.  This year marks the 20th anniversary that Cadence began its endowment with the school, helping to provide technologies for the Technical Studies/Manufacturing Engineering program that includes Mechatronics.  

“It’s important to have partners in the community like Cadence who recognize the value that we’re providing,” stated Amy Kiger, Executive Director of BRCC’s Educational FoundatioBlue Ridge Community College students in workshop working on robots.n.

 The relationship between Cadence and BRCC goes both ways and is much deeper than just the lifetime endowment.  Not only does Cadence provide funding to the school but also some of our best employees are graduates or current students of the Mechatronics program.  “I feel as though I’ve succeeded when students can draw back on the core building blocks learned here at Blue Ridge Community College and apply those skills to their careers,” said Director of BRCC’s Technology Intensive Manufacturing Service Center, Matt Goss.

“Since the company’s inception, Cadence has carried a strong belief in investing in our local communities.  Blue Ridge Community College has been one of those investments that has repaid us many times over,” stated Cadence’s Chief Financial Officer, Ken Cleveland.  “Not only has Blue Ridge been a great source for new employees but as our company has grown, many of our current employees utilize Blue Ridge to continue their education and improve their skills in order to grow with the company.”

Cadence also collaborates with the Community Foundation of the Central Blue Ridge (CFCBR) to support “Student Focus. Community Impact. The Campaign for Blue Ridge Community College.”  This partnership focuses on helping fund various technologies and curriculum materials, BRCC’s Career Coach program that places educational and career advisors into 12 local high schools, and the Workforce and Economic Development program that strives to educate the community and bring awareness to the school’s various degrees and certification offerings.

For information on Cadence’s community giving program, grant applications and partnership with CFCBR, please visit http://www.cadenceinc.com/about/community-support.

To learn more about BRCC, visit their website at www.brcc.edu.

Cadence, Inc. Appoints New VP and General Manager to Lead Finished Device Division

Cadence is pleased to announce that Jeff Kelly has joined the company as Vice President and General Manager of its finished device division. Jeff joins the team with over fifteen years of experience in key leadership roles for other medical and life science companies. Most recently, Jeff led a team for Quest Diagnostics responsible for marketing and sales, business development, and international expansion.

“We are very excited to have Jeff join our team,” stated Alan Connor, CEO. “He brings a wealth of knowledge with him, and I am very confident that he will help accelerate growth in this new business area for Cadence.”

Prior to his role with Quest Diagnostics, Jeff led other commercial and product development teams at Thermo Fisher Scientific, Bayer Healthcare, and Immunetrics. He holds an MBA from the Fuqua School at Duke University and received an undergraduate degree in economics with concentrations in finance and entrepreneurial management from the Wharton School at the University of Pennsylvania.

Titan Medical Inc. Signs an Agreement With Cadence Device, Inc.

An image of Cadence Device promotional image.Titan Medical Inc. (“Titan” or the “Company“) (TSX: TMD) (OTCQX: TITXF) today announced that it has signed an agreement with Cadence Device, Inc., a wholly-owned subsidiary of Cadence, Inc., (“Cadence”). Under the terms of the agreement, Cadence will develop, manufacture and manage the supply chain, sterilization and distribution for multi-articulating robotic instruments for use with Titan’s SPORT™ Surgical System.

John Hargrove, Chairman and CEO of Titan Medical Inc., commented, “We are very excited to partner with Cadence, a leading contract manufacturer in the medical field. Their proven level of expertise will be key for the development and manufacture of innovative multi-articulating instruments, which are important for Titan’s success as we move closer to the commercialization of the SPORT Surgical System.”

Alan Connor, President and CEO of Cadence stated, “We are pleased to partner with Titan to help design and build the instrumentation for the SPORT Surgical System. We are very impressed with what Titan is preparing to bring to the market and look forward to playing a key role in the continued advancement of this novel robotic system.”

About Titan Medical Inc. - Titan Medical Inc. is a Canadian public company focused on the design and development of a robotic surgical system for application in minimally invasive surgery (“MIS”). The Company’s Single Port Orifice Robotic Technology, SPORT™ Surgical System, currently under development, is comprised of a surgeon-controlled robotic platform that includes a 3D vision system and interactive instruments for performing MIS procedures, and a surgeon workstation that provides the surgeon with an interface to the robotic platform for controlling the interactive instruments and providing a 3D endoscopic view of inside a patient’s body during MIS procedures. The SPORT™ Surgical System is being designed to expand robotic surgery into both simple and complex areas of surgical specialties and procedures that are currently under-serviced. It is also being designed to allow surgeons to perform procedures within small- to medium-size surgical spaces for general abdominal, gynecologic, and urologic indications. For more information, visit the Company’s website at www.titanmedicalinc.com.

About Cadence Device, Inc. - Cadence Device, Inc. is a part of Cadence, Inc. (www.cadenceinc.com), a leading contract manufacturer of advanced products for medical device OEMs. Cadence develops new products that others cannot, builds processes that others will not, and delivers outcomes that simply make the world work better. Cadence enables improved product performance and economics for new medical devices. Advanced plastics and metals capabilities coupled with finished device assembly make a turn-key impact that matters. Cadence employs nearly 500 people worldwide with headquarters in Staunton, VA and other locations in Massachusetts, Pennsylvania, Rhode Island, Wisconsin and a near-shore location in the Dominican Republic. To find out more about Cadence Device, visit www.cadencedevice.com.

Forward-Looking Statements

This news release contains “forward-looking statements” which reflect the current expectations of management of the Company’s future growth, results of operations, performance and business prospects and opportunities. Wherever possible, words such as “may”, “would”, “could”, “will”, “anticipate”, “believe”, “plan”, “expect”, “intend”, “estimate”, “potential for” and similar expressions have been used to identify these forward-looking statements. These statements reflect management’s current beliefs with respect to future events and are based on information currently available to management. Forward-looking statements involve significant risks, uncertainties and assumptions. Many factors could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, without limitation, those listed in the “Risk Factors ” section of the Company’s Annual Information Form dated March 31, 2015 (which may be viewed at www.sedar.com). Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward looking statements prove incorrect, actual results, performance, or achievements may vary materially from those expressed or implied by the forward-looking statements contained in this news release. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in the news release are based upon what management currently believes to be reasonable assumptions, the Company cannot assure prospective investors that actual results, performance or achievements will be consistent with these forward-looking statements.

Cadence, Inc.’s RI Facility Receives “2015 Employer of Choice” Award

Cadence, Inc.’s Rhode Island facility was chosen as an Employer of Choice Award recipient by the Employers Association of the NorthEast (EANE). The Employer of Choice Award recognizes leading companies and organizations for developing workplaces that value employees, foster engagement, invest in training and reward performance.  The EANE selected Cadence for this prestigious award for being an employee-centric workplace that promotes a strong work-life balance and having an expansive wellness initiative.

“Cadence is pleased to be recognized by the EANE as an Employer of Choice,” stated Brian Plummer, VP of Manufacturing for Cadence’s RI facility.  “Central to the Cadence culture is the realization that our employees are the basis of who we are as a company, how we operate on a daily basis, and the results we are able to achieve.  Our culture is supported by a variety of business processes such as a formalized program for measuring employee engagement, a process for implementing hundreds of employee ideas, and a profit sharing program where employees participate in the economic prosperity of the organization.  We have been fortunate to enjoy a consistent track record of growth through the value we create for our customers and our employees, and it is the basis for what we have been able to achieve as an organization.”

Employers from Massachusetts, Connecticut and Rhode Island who have been in business for at least three years and have a minimum of 25 employees are eligible to participate; both the company size and its resources are considered in the screening and selection process. Entrants are judged in areas that include: company culture, training and development, communication, recognition and reward, and work-life balance.

Cadence Celebrates 30 Years of Manufacturing Excellence

Cadence, Inc., a leading contract manufacturer of advanced products, technologies, and services to the medical, life science, and industrial markets, celebrates 30 years in business. The company, originally founded as Specialty Blades in 1985 by engineer Martin Lightsey, was developed with the concept of combining Computer Numerical Control (CNC) and razor blade sharpening technologies to address the needs of companies who required high performance custom-made blades.

“It’s the people and the culture that have made this company a success,” said founder Martin Lightsey. “This has been the realization of a dream 30 years in the making.”

Since the company’s inception, its capabilities and services have rapidly expanded beyond its original scope. Cadence has experienced substantial growth since 2003 with a focus on serving the medical device and life science markets, adding a breadth of precision metal process capabilities, injection molding and clean room assembly to our list of current capabilities.

Cadence now employs nearly 500 people worldwide with headquarters in Staunton, VA and other locations in Massachusetts, Pennsylvania, Rhode Island, Wisconsin, and the Dominican Republic.

“We have a defined culture in set of values at Cadence where doing the right things for our employees, customers and shareholders matters,” stated CEO Alan Connor. “It’s what has allowed us to have 30 successful years and what will allow us to have 30 more.”

About Cadence, Inc. – Cadence develops new products that others cannot, builds processes that others will not, and delivers outcomes that simply make the world work better. Together with our customers, employees, and shareholders, we provide advanced products using science and sound engineering to make an impact that matters. 

Cadence, Inc. Receives Healthy Workplace Award for Third Year in a Row

Blue Cross & Blue Shield of Rhode Island (BCBSRI) and the Greater Providence Chamber of Commerce (GPCC) presented Cadence, Inc.’s Rhode Island facility with a Superior Worksite Health Award for effective programs encouraging employee health and well-being in a meaningful way.

“Cadence is thrilled to have achieved this award for the third year in a row,” stated Amanda Latek, Human Resources Associate. “We strive to make a positive impact through the health and well-being of our employees.”

Cadence, Inc. was one of more than 75 Rhode Island businesses to which BCBSRI and the GPCC distributed Worksite Health Awards at a breakfast attended by hundreds of state business leaders. The event recognized local businesses and employees who have demonstrated commitment to fixing the healthcare system together through greater health and wellness measures, as companies and as individuals.

“We are proud to recognize Cadence, Inc. for committing to the health of their employees by investing in wellness programming,” said Peter Andruszkiewicz, President and CEO of BCBSRI. “Employers play a critical role in efforts to improve the health of Rhode Islanders and lower healthcare costs. Worksite wellness programs help us attain these goals while also boosting employee performance and creating stronger organizations. We applaud this year’s Worksite Health Award recipients. Each organization is a testament to wellness that works.” 

About Cadence, Inc. – Cadence, Inc. helps develop new products that others cannot, build processes that others will not, and deliver outcomes that simply make the world work better. Together with our customers, employees, and shareholders, we provide advanced products using science and sound engineering to make an impact that matters. Cadence employs nearly 500 people worldwide with headquarters in Staunton, VA and other locations in Massachusetts, Pennsylvania, Rhode Island, Wisconsin, and the Dominican Republic.

Cadence and Virginia Bio to Host Beer and BioTeach Event

The Vabio logo.On Thursday, May 21st from 4:30 p.m. to 6:30 p.m., Cadence is set to host the Virginia Bio Foundation Beer and BioTeach event to help science teachers from public and private schools, as well as community colleges, learn first-hand how businesses use science to improve human health and open career possibilities for students.  The statewide BioTeach event will promote collaboration between Virginia educators and the bioscience business community to nurture student interest in bioscience and related technology, engineering and math (BioSTEM) careers.

“We are thrilled to have this opportunity to expose our teaching professionals to the business of bioscience,” stated Eric Rhoades, Director of the Virginia Department of Education (VDOE) Office of Science and Health Education.  “Our teachers are the most important influencers in students’ desires to pursue career paths.”

Learn more about the Virginia Bio Foundation and register today for the Beer and BioTeach event.

Cadence, Inc. Announces Major Expansion of Wisconsin Facility

Cadence, Inc., broke ground today on a new 63,000 square foot, state-of-the-art facility located in the Sturgeon Bay Industrial Park at 1425 S. Neenah Avenue, Sturgeon Bay, WI.  Cadence is a leading supplier of advanced products, technologies and services to medical, life science, automotive, and industrial companies worldwide.  The new facility, nearly three times the size of the existing space, will position the company to expand production capacity and add new technologies to support an expanding customer base.

“Our Sturgeon Bay operation is one of the leading providers in the U.S. of precision metal stamping for the most complex components used in medical, automotive and industrial applications,” said Alan Connor, President and CEO of Cadence. “We continue to expand our unique multi-slide forming, microstamping, insert molding, and assembly capabilities, and this new facility will allow us to continue to grow and better serve our customers.”

Sandy Sekadlo, VP of Manufacturing stated, “I am pleased not only for our customers and employees, but also for the community of Sturgeon Bay.  We fully expect that this expansion will create many job opportunities over the next several years.  This project required the cooperation of Bill Chaudoir and the Door County Economic Development Corporation, the City of Sturgeon Bay and Bayland Builders.  I would like to thank them for their efforts and support and extend special appreciation to Roger and Sandy Anderson for their willingness to sell the property.  Without that building location, this project would not be possible.”

About Cadence, Inc. - Cadence imagines things others cannot, builds things others will not and delivers outcomes that simply make the world work better. We bring together people and solutions in ways no other company can. Hand to hand with our customers, employees, and shareholders, we are inventing new things using science and innovation to make an impact that matters. Cadence employs nearly 500 people worldwide with headquarters in Staunton, VA and other locations in Massachusetts, Pennsylvania, Rhode Island, Wisconsin, and the Dominican Republic.

Cadence, Inc. to Host JMU’s 4-Week Quality Management Summer Course

James Madison University (JMU) students enrolled in the Quality Management course this summer will receive first-hand industrial experience with their class being held at Cadence’s Virginia facility over the next four weeks.  Students will examine the industrial work cell, as well as value stream mapping, line sequencing, and economic order quantity calculations—all in an effort to help optimize the industrial work cell flow project.

“This is a terrific opportunity for these students,” stated Tom Nelli, VP of Manufacturing for Cadence’s Virginia facility. “They will walk away with a better understanding of work cell management by experiencing it first-hand with actual scenarios in our facility, combined with getting to work directly with Cadence’s engineering and operations staff.”

This course is another great way for Cadence, Inc. to give back to its community and plans to continue to do so in the future.

Cadence Announces New LaserSwiss Capability

Cadence has built its business on creating new-to-the-world manufacturing technologies to make complex products the world has never seen.  The latest addition of innovative technologies includes a new LaserSwiss machining capability.  This novel technology combines 6-axis Swiss machining and laser cutting into one process.

Tube fabrication technologies have emerged as significant total cost drivers for critical components.  This combination of key tube fabrication technologies provides endless possibilities for complex tubing that were once deemed impossible through conventional Swiss machining alone.  

LaserSwiss enables:
• New product designs that were not able to be manufactured using prior technologies
• Higher precision with less variation
• Lower costs

“Cadence is committed to investing in highly technical solutions for our customers” stated CEO, Alan Connor. “LaserSwiss provides our customers with new product design possibilities in a way that yields lowest total cost. That’s a ‘win-win’ for everyone involved.”

A laser cutting device diagram.

About Cadence, Inc. - Cadence imagines things others cannot, builds things others will not and delivers outcomes that simply make the world work better. We bring together people and solutions in ways no other company can. Hand to hand with our customers, employees, and shareholders, we are inventing new things using science and innovation to make an impact that matters. Cadence employs nearly 500 people worldwide with headquarters in Staunton, VA and other locations in Massachusetts, Pennsylvania, Rhode Island, Wisconsin, and the Dominican Republic.

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