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.

富裕带来了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 extensive background encompasses operations, continuous improvement, molding, design, technology transfers, and collaborating with multi-site operations, both domestic and international.

“Rich has a wealth of experience in building a strong team culture and fostering an environment of empowerment and high-performing teams,” said Dave Hemink, CEO of Velosity. “His extensive background in continuous improvement has led to significant efficiency gains, substantial waste reduction, and the delivery of over $2 million in Value Improvement Programs.”

In his capacity as Vice President of Operations, Rich will be responsible for overseeing all aspects of our operational processes, implementing continuous improvement strategies, streamlining workflows, and driving best practices throughout the organization.

About Velosity

Velosity is dedicated to supporting device manufacturers in delivering innovative and reliable healthcare products. We offer comprehensive contract manufacturing, injection molding, precision machining, and tool building for complex and highly regulated applications. Starting with expert guidance at the design-for-manufacturing stage, we ensure seamless production while maintaining the highest quality and safety standards throughout the manufacturing process. For more information, visit www.velosity.com.

The opinions expressed in this news release are the author’s only and do not necessarily reflect those of Medical Design & Outsourcing or its employees.