Lakewood Products

What Lakewood Products does

Lakewood Products is a US contract manufacturer specializing in medical device production, operating from a single facility in Hamel, Minnesota. The company is a subsidiary of MDL Solutions Inc., which also owns Emergent Respiratory and is positioned to add Hohenassoc to its family of companies. Lakewood serves medical device original equipment manufacturers (OEMs) directly on a B2B basis, functioning as an outsourced production partner rather than a product company.

The company's core capabilities span the full medical device manufacturing lifecycle: box building, sub-assembly, final kitting, turnkey manufacturing services, over-molding, and testing. Technical operations are conducted under a Class 7 Cleanroom and conform to multiple regulatory and quality standards, including FDA registration, ISO 9001:2015, ISO 13485:2016 (medical device quality management), and IPC/WHMA-A-620 (cable and wire harness assembly). These certifications position the company to handle regulated manufacturing work for FDA-cleared medical devices.

Lakewood's business model is sales-led and project-based, with revenue generated through custom contract manufacturing engagements with medical device manufacturers. Pricing is quote-based rather than standardized, consistent with the custom engineering and tooling required for each OEM customer's product. The company operates without disclosed customer logos, headcount, or revenue figures, and there is no public funding history. All observable signals point to a privately held, specialized contract manufacturer operating within the broader MDL Solutions ecosystem.

Name

Lakewood Products

Legal name

MDL Solutions Inc

Website

https://lakewoodproductsinc.com

Company type

Private

Operating status

Operating

Short description

Lakewood Products is a medical device contract manufacturer based in Hamel, Minnesota, providing box building, assembly, over-molding, kitting, and testing services to medical device OEMs under parent company MDL Solutions Inc.

Ownership category

akta.pro rank

Headquarters

HQ city

Hamel

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Contract Manufacturing Services: Lakewood Products generates revenue through contract manufacturing services for the medical device industry, providing comprehensive solutions including box building, assembly, final kitting, and turnkey services managing products from raw materials to final production.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Lakewood Products is a contract manufacturer for the medical device industry, providing comprehensive solutions such as box building, assembly, final kitting, and turnkey services that manage products from raw materials to final production. Its portfolio includes fabricated components like alligator clips, custom cables and tubes, and insulator sleeves, alongside overmolding, testing and calibration, and kitting and final pack services.

Product overview

Lakewood Products is a contract manufacturer specializing in the medical device industry, providing comprehensive manufacturing solutions including box building, assembly, final kitting, and turnkey services. The company manages products from raw materials through final production. Their product portfolio includes Alligator Clips, Custom Cabling, Insulator Sleeves, Box Builds, Overmolding, Testing and Calibration, Assembly, and Kitting & Final Pack services. These components and services are offered as part of a unified contract manufacturing offering, with MDL Solutions Inc. operating the Lakewood Products business.

Differentiator

Problem solved

Functional benefit

Products and services

• Alligator Clips Electrical connection components manufactured for medical device applications.
• Custom Cabling Custom cable and tube manufacturing services for medical device assembly.
• Insulator Sleeves Protective insulator sleeve components for medical device applications.
• Box Builds Complete box build assembly services including calibration for medical devices.
• Overmolding Overmolding services for medical device components.
• Testing and Calibration Testing and calibration services for medical device quality assurance.
• Assembly General assembly services for medical devices.
• Kitting & Final Pack Kitting and final packaging services for medical device products.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• MDL Solutions InccoreStrategic or Co-development PartnerMDL Solutions Inc is the parent company and operator of Lakewood Products. MDL Solutions provides manufacturing, design, and logistics consulting with over 60 years of expertise across medical and non-medical equipment. Lakewood Products operates as a division specializing in medical device contract manufacturing.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Plexus Corp. Mid-sized EMS focused specifically on regulated, complex products including medical devices; provides assembly, kitting, and supply chain solutions. Closest size-and-focus comparable to Lakewood in the medtech CMO space.
• Tecomet: Specialty medical device contract manufacturer focused on precision components, assemblies, and kitting for orthopedic and medical OEMs. Highly comparable in niche medical device CMO positioning.
• Nortech Systems: Smaller, Minnesota-based contract manufacturer offering medical device assembly, cable/wire harness, and kitting services. Closely matches Lakewood in geographic base, scale tier, and medical device specialization.
• Creation Technologies: Mid-market EMS with a dedicated Medical business providing design, assembly, testing, and kitting for medical OEMs. Closely comparable to Lakewood in size tier and regulatory positioning.
• Integer Holdings: Pure-play medical device outsource manufacturer specializing in components, assemblies, and finished devices. Highly comparable in regulatory positioning and customer overlap with Lakewood's medical OEM focus.

Broad incumbents

• Celestica: Global contract manufacturer with a Healthcare segment delivering assembly, testing, and supply chain services for medical device customers. Directly comparable service model at larger scale.
• Benchmark Electronics: Global EMS with significant medical and complex-industrial work, providing assembly, testing, and supply chain services for regulated OEMs. Comparable model but larger and more diversified.
• Flex: Large global EMS/CM with a strong medical device contract manufacturing business covering assembly, testing, packaging, and supply chain services. Comparable service offering to Lakewood at significantly greater scale.
• Sanmina: Tier-1 contract manufacturer serving medical OEMs with design, manufacturing, assembly, and kitting. Operates regulated facilities similar to Lakewood's ISO 13485/FDA-registered model.
• Jabil: Global Tier-1 contract manufacturer with a dedicated Healthcare/Medical Devices division offering assembly, kitting, and turnkey services. Directly comparable to Lakewood in service scope but vastly larger and more diversified across end markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

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 Lakewood Products