Sarasota, FL -- (SBWIRE) -- 03/24/2016 -- Orthopedic surgeon and founder of Bennett Orthopedics and Sportsmedicine (http://www.bennettorthosportsmed.com) William F. Bennett, MD, recently started a sister company in Sonora, Mexico called Ziptek Sa De Cv, equivalent to an American LLC. Bennett, who has been practicing orthopedic medicine for 20 years, started the medical device company Ziptek, LLC of Sarasota (http://www.ziptekglobal.com) in 2012, and now has seven patents expanded globally.
He has partnered with some of the best biomedical engineers and mechanical engineers from Mexico's top-notch Monterrey Tech to provide support to Ziptek manufacturing locations based in Naples, Florida and Lake Zurich, Illinois, with assembly and packaging in Charlotte, Illinois.
Bennett's Mexican partner, biomedical engineer Ramses Galaz, PhD, is a professor in this system and teaches in multiple locations throughout Mexico, including Monterrey, Hermosillo and Mexico City. Dr. Galaz is the first to design, develop and manufacture a Mexican/Latin American originated cardiac stent.
Others in Bennett's Ziptek group include Andrea Siller, engineer and founder of Bioana Sa De CV, a Mexico-based FDA consulting business. Siller recently presented a speech to the president of Mexico at a national entrepreneur conference in Mexico City.
Bennett registered his company Ziptek Mexico in 2015, and with the help of his top notch associates won a six figure grant from the federally-based Conacyt foundation, which provides grants designed to help Mexico work globally in a synergistic fashion with companies from other countries.
Bennett notes that this is a foundational event, as the grant ratios are the reverse of what he has explored in the US. Whereas a US-based program would often match 20 to 30 percent of what the company might invest or capitalize, in Mexico they are funding about 80 percent. He sees this as a strong move to expand Mexico's economy and potentially relocate some American and even European and Chinese-based manufacturing to Mexico. Central and South America are likely to be impacted by Mexico-based manufacturing as well.
While his main manufacturing and assembly is based in the US, Bennett notes that certain areas of process could be conducted outside of the US for more efficient prices. For instance, he pays one US company's employee $80/hr for simple assembly, a price that can be significantly altered in his strategic Mexico company.
About Ziptek Mexico
Ziptek Mexico has also applied for a similar grant with the United Kingdom, and plans to continue its efforts in Israel and parts of the Middle East.
Media Contact
Henry Raines
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Email:bennettorthopedics2@verizon.net
Url: http://www.bennettorthosportsmed.com/
Url: http://www.ziptekglobal.com/