Röchling Medical, a contract medical device manufacturer located in Rochester, New York, and a division of the Röchling Group, a family-owned German company, acquired the PMP assets to strengthen its offering in North America.
Arrow Precision Products moved to Denver, Pa., with a new name — Precision Medical Products, Inc. (PMP). The company diversified its business by investing in and later acquiring in Hershner Enterprises, an injection and insert molding company, that enabled PMP to add plastic processing and manufacturing capabilities to its already extensive metalworking and assembly portfolio.
Arrow spun off Arrow Precision Products to focus solely on contract manufacturing of medical devices — making parts or subsystems that are used in another company’s end product. In 1990, Arrow Precision Products finally sold its remaining textile business to focus solely on making products for diagnostic or medical treatment purposes.
In 1977, Arrow became the first company to offer sterile catheter kits with matched components for specific procedures. The kit became extremely popular, especially in teaching hospitals, and it became a great success.
Arrow Products Division was bought by an investors' group and renamed Arrow International Inc.. While a majority of the company’s business was still focused on manufacturing knitting needles and other products for the knitting industry, Arrow International's owners aimed to venture more significantly into medical device manufacturing and to develop a proprietary line of products.
In 1972, the Arrow Products Division was contacted by Survival Technology, Inc., a medical device manufacturer located in Bethesda, MD. Survival Technology was designing auto-injector technologies that would enable individuals to self-administer lifesaving medications. The collaboration resulted in the EpiPen and AtroPen, devices used to deliver epinephrine and one of medicine’s most successful products.
In 1968, North American Rockwell (later Rockwell International) acquired TMW to contribute to a growing business that made parts for the aerospace, electronics, and automotive industries. One of the TMW divisions evolved to become the Arrow Products Division of Rockwell.
When the U.S.-based textile market began to decline after World War II, TMW looked to expand its business by making medical products. Throughout the 1950s, TMW manufactured hypodermic, vaccinating, and surgical needles for a variety of government and non-government customers.
Textile Machine Works (TMW) in Reading, Pennsylvania assembled the first American full-fashioned knitting machine and opened a hosiery factory, Berkshire Knitting Mills that would become the largest full-fashioned knitting mill in the world. The genesis of Precision Medical Products, Inc. began in the Needle Department of TMW, making precision parts for its own machines and for the knitting industry in general.
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