Putnam Plastics

What Putnam Plastics does

Putnam Plastics Corporation is a privately held, family-owned medical device contract manufacturer founded in 1984 by CEO Jim Dandeneau and headquartered in Dayville, Connecticut. The company specializes in advanced plastic extrusion technologies for catheters and minimally invasive medical devices, serving more than 500 medical device OEMs across 36 countries. Its core offerings span single-lumen, multi-lumen, coextruded, braided, coiled, and intermittent-extruded tubing; proprietary technologies include the TIE™ (Total Intermittent Extrusion) family (Tri-TIE™, Taper-TIE™, Braided TIE™), Super-Tri™ advanced tri-layer tubing, RilSlix™ fluoropolymer coatings, polymer marker bands, and FEP heat shrink tubing. Putnam provides vertically integrated services from material selection and prototype development through extrusion, post-processing (laser machining and welding, tipping, precision cutting, molding, printing, plasma etching, annealing), and complete catheter assembly under ISO 13485:2016 certified facilities.

The business operates on a quote-based, custom-manufacturing model with multi-year contracts and no standard price list, reflecting the engineered nature of each customer program. Go-to-market is exclusively B2B enterprise field sales through regional sales managers and technical sales associates covering North America, Europe, Africa, Asia Pacific, and South America, supplemented by participation in major medical device trade shows and technical content marketing. Revenue is generated primarily through hardware sales of custom tubing and catheter components, with adjacent professional services revenue from finishing and assembly operations and a smaller licensing/royalty stream from proprietary technologies such as TIE™ and Tri-TIE™. Customers are medical device OEMs developing cardiovascular, neurovascular, endovascular, and interventional radiology devices, including PTCA delivery systems, guide catheters, balloon catheters, angiography systems, and diagnostic and drug-delivery catheters.

Putnam is organized as a family-owned corporation under continuing Dandeneau leadership, with the founder's son Ryan Dandeneau serving as President. In 2021 the company launched a sister entity, Putnam Medical Corporation, to offer finished device contract manufacturing including design, packaging, and sterilization, thereby capturing a larger share of the catheter bill of materials without competing with existing OEM customers on device sales. The company's competitive position is built on patented extrusion process IP, four decades of accumulated manufacturing know-how, regulatory standing, and a 187,000+ sq ft manufacturing footprint with a 6,000 sq ft ISO Class 8 clean room.

Name

Putnam Plastics

Legal name

Putnam Plastics Corporation

Website

https://putnamplastics.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Short description

Putnam Plastics is a privately held, family-owned medical device contract manufacturer specializing in proprietary plastic extrusion technologies and catheter components for 500+ medical device OEMs across 36 countries, operating from ISO 13485:2016 certified facilities in Dayville, Connecticut.

Ownership category

akta.pro rank

Product category

Medical Device Component Manufacturing

NAICS

Plastics Product Manufacturing (3261)

SIC

Plastics Products, Nec (3089)

akta.pro primary industry

Medical & Hygiene Film/Sheet Extrusion (Cleanroom, Sterile Barrier, Diaper Backsheets) (IMANACAF)

Keywords

• Medical plastic extrusion
• Catheter components
• Minimally invasive devices
• Medical tubing manufacturing
• Catheter assembly services

Headquarters

HQ city

Dayville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Medical Tubing & Catheter Component Manufacturing: Contract manufacturing of custom medical plastic tubing, catheter components, and finished device assemblies for medical device companies. Revenue generated through project-based quotes for extrusion, finishing, and assembly services.
2. Custom Component Fabrication: Post-extrusion operations including precision cutting, CNC grinding, thermal forming, overmolding, laser drilling, and 360-degree printing on catheter tubing.
3. Technology Licensing: Licensing of proprietary technologies such as TIE™ and Tri-TIE™ to medical device manufacturers.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Putnam Plastics is a contract manufacturer of advanced medical plastic tubing and catheter components for medical device OEMs. The company produces custom extruded tubing (single lumen, multi-lumen, coextruded, tri-layer, braided and coiled reinforced), catheter sub-components, and complete catheter assemblies from materials including thermoplastics, fluoropolymers, PEEK, polyimides, and bioresorbables. Services span prototype through volume production in ISO 13485:2016 certified facilities, leveraging proprietary continuous extrusion processes.

Product overview

Putnam Plastics is a medical device component manufacturer offering a comprehensive portfolio of advanced extrusion technologies and catheter manufacturing services. The core offering centers on sophisticated medical tubing extrusions including single lumen, multi-lumen, coextruded, tri-layer, and reinforced tubes. Key proprietary technologies include TIE™ (Total Intermittent Extrusion) family products (Tri-TIE™, Taper-TIE™), Super-Tri™ advanced tri-layer tubing, and RilSlix™ coatings. The company provides complete catheter assembly services combining in-house extrusion with finishing operations (laser machining, welding, tipping, printing, molding) and maintains vertical integration from material selection through finished device assembly. All capabilities are supported by ISO 13485:2016 certified manufacturing facilities.

Differentiator

Problem solved

Functional benefit

Brands

• Putnam Medical: Sister company for full contract manufacturing of finished medical devices including design through packaging and sterilization.

Products and services

• Medical Tubing Extrusions Custom plastic medical tubing extrusions including single lumen, multi-lumen, coextruded, braided, coiled, wire-coated, tapered/bumped, and intermittent extruded tubes used in catheters and minimally invasive medical devices. Sold to medical device OEMs.
• Polymer Marker Bands Tungsten-filled polymer marker bands that provide fluoroscopic visibility and form molecular bonds with catheter shafts, eliminating separation risk. Sold to medical device manufacturers as an alternative to platinum iridium marker bands.
• RilSlix™ Coatings Proprietary PTFE-based fluoropolymer coatings for medical mandrels and continuous wires with 5x greater adhesion than industry standards. PFOA-free and REACH compliant. Enables reusable mandrels without flaking.
• FEP Heat Shrink Tubing Silicone-free FEP heat shrink tubing for catheter assembly reflow processes, with less than 5% lineal shrinkage, custom wall thicknesses as low as 0.004 inch, and expanded IDs up to 0.375 inch.
• Catheter Finishing Services Post-extrusion catheter processing services including laser welding, laser machining, catheter tipping, precision cutting, precision machining, hole punching, RF welding, insert molding, overmolding, printing, plasma etching, annealing, and centerless grinding. Provided to medical device manufacturers.
• Catheter Assembly Services End-to-end catheter assembly services from prototype development through process validation to full-scale volume production, including device assembly, testing, and packaging for medical device OEMs.

Quantifiable outcome

• 130% improvement in ultimate tensile strength with Super-Tri™ technology
• +5 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Putnam MedicalcoreStrategic or Co-development PartnerSister company launched in 2021 providing finished medical device manufacturing, offering services from design through packaging and sterilization. Putnam Plastics focuses on tubing and components while Putnam Medical handles fully-finished devices, allowing complete catheter manufacturing under the same corporate umbrella without competing with customers on device sales.

Scale indicators10 records

Recent moves14 records

Expansion highlights4 records

Direct peers

• Integer Holdings: Large public medical device contract manufacturer providing catheters, leads, and components to OEMs across cardiovascular and neurovascular markets — the most directly comparable public competitor to Putnam's contract catheter tubing model.
• Resonetics: Medical device contract manufacturer specializing in catheter components, nitinol加工, and tubing — competes directly with Putnam in catheter shaft reinforcement and finishing services for cardiovascular OEMs.
• Spectrum Plastics (Aptylia Group): Medical tubing and catheter contract manufacturer with extrusion, braiding, and finishing capabilities — the closest direct competitor to Putnam's medical extrusion offering.
• Vention Medical (Nordson Medical): Medical device contract manufacturer offering catheter shafts, extrusion, and assembly services — competes with Putnam across extrusion and finished catheter assembly.
• Freudenberg Medical: Global medical device manufacturer producing catheter components, hypotubes, and silicone processing — overlaps with Putnam in catheter tubing and reinforced shaft technologies for OEMs.
• Confluent Medical Technologies: Medical device contract manufacturer specializing in nitinol, catheter tubing, and finished devices — directly competes with Putnam in catheter shaft and reinforcement technologies.
• Helix Medical (Freudenberg): Medical device contract manufacturer providing catheter and tubing solutions to OEMs across cardiovascular, neurovascular, and endoscopy segments — comparable component-and-assembly model to Putnam.
• Duke Empirical: Medical extrusion specialist producing complex catheter shafts and braided/coiled tubing — directly comparable to Putnam's variable braid, coil reinforcement, and finished catheter shaft offering.
• Medical Murray: Medical device contract manufacturer of catheter and tubing-based devices — provides similar extrusion, assembly, and finishing services to Putnam's medical device OEM customers.

Broad incumbents

• Teleflex: Large diversified medical device company with its own catheter product lines — also a buyer of advanced catheter components from contract manufacturers like Putnam, serving as both competitor and customer reference.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/putnamplastics
• Facebookfacebook.com/putnamplastics
• LinkedInlinkedin.com/company/putnam-plastics
• Instagraminstagram.com/putnamplastics

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Putnam Plastics