$3 million central city business expansion underway

Medovations adds dozen new employees
 

A tax-delinquent brownfield at 3613 N. Palmer will soon be the home of a 52,900 square foot addition to Medovations, a multi-national manufacturer of medical products. The company’s primary manufacturing plant and offices are located in a 90,000 square foot building just to the west at 102 East Keefe. The City of Milwaukee worked with Medovations to grow this central city-based business, through acquisition and remediation of a blighted brownfield near the company’s manufacturing facility. The result: 42 employees will be retained and 12 new jobs created. The company hires nearly all of its employees from the inner city, and provides on-the-job training.

“We are actively working with Milwaukee businesses to identify opportunities to grow,” said Mayor Tom Barrett. “Through a partnership with the US EPA and State of Wisconsin, we were able to invest $242,000 to not only clean up a brownfield, but to leverage a $3 million business expansion and add jobs to our economy.”

After several renovation investments, this marks the first physical expansion for Medovations in its 26-year history. Established in 1982, Medovations manufactures cardiothoracic catheters, gastrointenstinal dilatations systems, neurological irrigation products and aspiration/irrigation catheters. The company expanded to international markets with its products a decade later.

Medovations is the latest central city business to reinvest in its facilities to retain and grow jobs. For example, over the past year Masterlock , DRS, Capitol Stampings, Astronautics have all invested in facility upgrades in the 30th Street Industrial Corridor.