Financial

Titan Medical : CEO of Titan Medical Manufacturing reveals how it became a multimillion dollar company in 7 years

by Tribune Content Agency, LLC., – June 27, 2016

 

Lots of Memphis entrepreneurs have surpassed $15 million in annual sales, but few have done so as fast as Robert Kenyon.

A machinist by trade, Kenyon has guided medical device maker Titan Medical Manufacturing over the $15 million level and is closing in on $20 million — all within seven years

Originally located on Memphis’ east side in a 12,000 square-foot facility, the company moved in 2014 to Bartlett, locating in a 51,640-square-foot plant big enough to contain more production machinery

“I believe this was the catalyst which gave us momentum to move forward at a rapid pace,” Kenyon said.

During the relocation, three large contracts came in allowing the firm to make use of new Five Axis Mills and Swiss Screw Machines that they were not able to have before due to space restrictions.

Kenyon also credits the success of the company to his employees and customers.

“Our success as a company is because we have the right people at the right places to work together as a team,” Kenyon said. “That’s how we win.”

Titan has seen a rapid growth in staff. In 2014, Titan Medical had 42 employees, compared to 68 this year in areas including machining, finishing, inspection, packaging and shipping. Most employees are hired from local technical schools and provided on-the-job training.

 

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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