FOR IMMEDIATE RELEASE
Contact: Cynthia Phillips, Phillips Precision Medicraft
Phillips Precision Incorporated Celebrates 50 years in Manufacturing
Elmwood Park, NJ – July 11, 2019
Two thousand nineteen marks 50 years in manufacturing. Like many classic American success stories, this one began with humble beginnings. Founder Francis Phillips, a machinist by trade, with his wife Jeanne purchased and refurbished one milling hand machine in 1969 which they kept in the basement of their home in Northvale, New Jersey. To support their growing family, Francis began producing small jobs for a former employer and several engineers from various industries. He quickly established a reputation for quality, on-time delivery, and problem-solving. His ability to uniquely bridge the gap between engineering ideas and manufacturing made him stand out, and the right people took notice. In 1972, he met Howmedica engineer Alex Khowaylo who decided to give a young machinist an opportunity that changed everything.
Recognizing the importance of the work he was doing for Howmedica, Francis decided to manufacture exclusively for the orthopedic industry. Since then, his career includes many industry innovations that are still in use today, several facility expansions and the creation of totally new business, Medicraft who manufactures delivery systems for the orthopedic community as well.
Today, with their three children who each have key management roles in the company, Phillips Precision Medicraft is a leading manufacturer of advanced orthopedic implants, instrumentation, and sterilization delivery systems for the world's largest OEMs. "We are fortunate to have such dedicated, talented, and hard-working people throughout our company. Without our employees, we could not have come so far as a private company"- Francis Phillips, CEO.
Fifty years, nearly 300 employees, and three state-of-the-art facilities, the Phillips family is very proud of its heritage, and it shows in everything they do. "We would like to thank our employees, valued suppliers, and customers for 50 years of successful business, and we look forward to coming years ahead." - Jeanne Phillips, Treasurer