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Posts year-over-year growth of 16% in its 20th year of business.
February 23, 2021
By: Charlie Sternberg
Millstone Medical Outsourcing, an industry partner for medical manufacturers’ post-manufacturing and aftermarket services, has reached the milestone of 600 employees for the first time in company history. This comes as Millstone posted year-over-year growth of 16% in its 20th year in business. Reaching the 600-employee mark also comes just 18 months after the milestone of 500. With innovation in the industry focusing on supply chain integration and resiliency, Millstone’s expanded staffing includes additional manufacturing and senior positions in supply chain and operations. Employee Milestone, Facility Growth These markers of continued strategic growth arrive just six months after Millstone announced the completion of construction on its Fall River, Massachusetts Headquarter Campus. The expansion added 60,000 square feet of state-of-the-art warehouse and office space to the Fall River facility, bringing the campus to over 124,000 square feet of production space. The addition included 4,500 square feet of mechanical inspection, 31,000 square feet of warehouse area, and 6,000 square feet of kitting space, in addition to expanded and upgraded office, conference, and meeting room areas for continued staff growth. These additions complemented the existing 15,000 square feet of class 10,000/ISO7-rated cleanroom space for medical device packaging operations. “Facility buildout and staffing growth go hand-in-hand with giving us greater capacity to meet the industry’s growing and changing needs,” CEO Karl Neuberger said. “As a high-growth company, we are committed to employee growth at a pace that readies us to meet our clients’ evolving demands, while always managing risk and upholding quality to deliver on the promise to the patient.” Neuberger noted that for more than 20 years, Millstone has navigated change and growth in the industry by building capacity and skills. “We’ve seen growth in both geographic areas of our business, Fall River, MA and Olive Branch, MS, as our clients look to us for revenue-generating services like our reverse logistics programs. We’ve also expanded our staffing and expertise to support the industry’s growth trend in robotic procedures, in addition to other service areas like pre-validated packaging, sterile and non-sterile packaging, pharmaceutical device distribution, validations, and more.” Emphasizing facility growth, Neuberger added, “Our expansion helped us navigate some of the new challenges in the time of COVID-19. With more space, we could store excess critical items to smooth out the supply chain and better manage the peaks and valleys of demand.”
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