Memry Corporation | Company profile from Hoover's
 
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Memry Corporation · Bethel, CT United States

Company Description

3 Berkshire Blvd.
Bethel, CT
06801
United States (Map)
Phone: 203-739-1100
Fax: 203-798-6606
    More Companies in: Bethel, Connecticut
    More Companies in These Related Industries: Surgical & Medical Instrument Mfg
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    Memry makes specialized metal and plastic products that are used primarily in medical devices. The company develops, manufactures, and sells components (wire, tubing) and sub-assemblies made from nitinol, a nickel-and-titanium-based "shape memory alloy" with more than 10 times the elasticity of normal metals. Nitinol is used in surgical instruments such as peripheral vascular and non-vascular stents, guidewires, and catheters. Medical applications account for more than 90% of Memry's sales. In 2008, Italian scientific equipment manufacturer SAES Getters bought Memry for $78 million. To read the full description, subscribe now.
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    Key Memry Corporation Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndJune
    Employees363

    Memry Corporation Executives

    14 executives listed for Memry Corporation's Bethel, CT location.
    TitleName & BioContact
    ChairmanEdwin SnapeEmail
    President and CEODean TulumarisEmail
    CFO and TreasurerRichard SowerbyEmail

    Competition

    Competitive Landscape for Memry Corporation
    Because plastic products are widely used in industry and as consumer products, demand depends on the health of the US economy. The profitability of individual companies depends on product mix and production efficiency. Large companies have economies of scale in buying raw materials and in manufacturing commodity products such as bottles and plastic film. Small companies can compete effectively by specializing. The industry is labor-intensive: annual revenue per worker is about $220,000. To read the full description, subscribe now.
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