Bradshaw Medical to Expand, add 80 – 100 advanced manufacturing jobs

Bradshaw Medical is the first recipient of funding from Kenosha County’s new High Impact Fund.

Due to strong demand for the company’s products, as well as growth in the healthcare industry, the company plans to add 80 to 100 full-time positions over the next three years. The company specializes in the design and manufacturing of medical instruments for spinal implant surgery, the fastest growing segment of the orthopedic industry. Other applications for Bradshaw’s instruments include knee and hip replacements and trauma surgeries.

Bradshaw Medical’s operations are located in the Business Park of Kenosha in a state of the art manufacturing facility that was opened in the fall of 2010. A start-up company in 2006 with only 4 employees, Bradshaw expects to employ approximately 200 workers once the expansion is complete. Bradshaw holds 24 U.S. patents and has an additional 12 pending.

Bradshaw Medical’s President Keith Easter said:

“We will use the funds for additional personnel and equipment to help support our growth. A key component of this project is the development of an innovation center to better serve our customers and provide cutting edge technology and innovative products. This will allow us to focus on penetrating new markets faster and providing additional services we do not currently have.”

Bradshaw will be hiring additional employees to cover all shifts as they build out their infrastructure in an effort to support the company’s continued growth and competitiveness in the spinal and orthopedic market.

The High Impact Fund was initially funded with a $1,000,000 investment from Kenosha County and is intended to support economic development projects that have a substantial and positive impact on the community in terms of high quality job growth and private investment. To qualify as “high impact,” a project must meet at least one of the following criteria: (1) the creation of fifty new full-time equivalent positions; or (2) a capital investment of at least three million dollars. A recipient has up to three years to meet the job creation or capital investment requirement but must then maintain the jobs or capital investment in Kenosha County for a minimum of five years. If the recipient successfully meets the project requirements, the loan can be forgiven. Bradshaw Medical will receive a $250,000 loan through the High Impact Fund.

KABA President Todd Battle said:

“These funds provide an important tool that can be used to stimulate and support job creation within Kenosha County as part of our ongoing business expansion and attraction efforts. We are pleased to work with Bradshaw Medical on this expansion and support their continued growth in Kenosha.”

Kenosha County Executive Jim Kreuser said:

“The County committed to the establishment of the High Impact Fund to give our community another resource to support economic development and high quality job creation. This project is an excellent example of that. It helps fund a sizable expansion and up to 100 new high paying manufacturing jobs at one of Kenosha County’s fastest growing companies.”

 

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