Velosity names Rich Patraw as VP of operations

NEWS RELEASE: Velosity Appoints Rich Patraw as Head of Operations, Accelerating Strategic Goals

Strategic Move to Cultivate Excellence and Drive Growth  

FOREST LAKE, MN. (October 31, 2023) – Velosity is pleased to announce the appointment of Rich Patraw as Vice President of Operations. In his new role, Rich will provide strategic leadership for our teams located at our multiple sites in Forest Lake, Brooklyn Park, and Becker, MN, as well as oversee our supply chain, procurement, and facilities.

Rich brings a wealth of operations experience to the position, having successfully led the Operations team in Brooklyn Park for the past six years and accumulated 17 years of experience at Boston Scientific in various operational leadership roles. During his tenure at Boston Scientific, he played a pivotal role in executing the manufacturing strategy for a drug-eluting stent, contributing to one of the most successful product launches in their portfolio. His exten…

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Teamvantage launches new parent company Velosity

NEWS RELEASE: Teamvantage Launches New Parent Company: Velosity

Teamvantage, an industry leader in state-of-the-art tool design and manufacture, injection molding, precision machining and contract manufacturing for the medical device market for more than 50 years, announced today from MD&M West 2023 the launch of its new parent company, Velosity.

Velosity will now represent the entire family of brands and the full range of services offered under one umbrella, including Teamvantage, MMD Medical, Custom Mold & Design, CMD Precision Manufacturing Group, and Paradigme Engineering.

Velosity CEO Dave Hemink [Photo courtesy of Velosity

“As our capabilities and market footprint have grown over the past year, it was the perfect time to align the brand name with the way in which we operate,” said Velosity CEO Dave Hemink. “Although we will have a new name, our mission remains unchanged: to accelerate innov…
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