Cook Medical

Cook Medical plans to invest $7 million to help build a $15 million, 40,000-square-foot medical device manufacturing facility in Indianapolis, with Goodwill employing 100 workers, expected to produce introducers, sheaths, drainage catheters and needles.

Cook Medical broke ground on a new facility at the former General Electric plant in Bloomington, Indiana. The company plans to invest more than $100 million and hire over 500 new employees.

IZI Medical Products LLC acquired select soft tissue biopsy and breast localization needle assets from Cook Medical, including the Quick-Core Biopsy Needle, MReye Breast Localization Coil, and Kopans and X-Reidy Lesion Localization Needles. This is IZI's third add-on acquisition in 19 months.

Cook Medical has acquired the former RJR building in Whitaker Park, Winston-Salem, and plans to convert it into a medical device manufacturing facility. The company will move its 650 existing employees there and add 50 new jobs over 10 years.

IZI Medical Products, a portfolio company of Shore Capital Partners, acquired select soft tissue biopsy and breast localization needle assets from Cook Medical. The acquired products include Quick-Core Biopsy Needle, MReye Breast Localization Coil, and Kopans and X-Reidy Lesion Localization Needles.

Cook Medical announced plans to acquire an old R.J. Reynolds cigarette factory in Winston-Salem, North Carolina, and convert it into a medical device manufacturing plant. Renovations are slated to begin in late 2019, with operations planned for launch in late 2021 or early 2022.

IZI Medical Products, a Shore Capital Partners portfolio company, acquired the vertebroplasty family of products from Cook Medical, including needles, injectors and cements under the Duro-Ject, Osteo-Site, Osteo-Force and Vertefix brands.