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Symmetry Medical

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uuid003ba3z

Namestring
Symmetry Medical
Legal namestring
Tecomet, Inc.
Company typeenum
Private
Founded yearint
1970
Descriptiontext

Tecomet is a precision contract manufacturer serving the medical device and aerospace industries, founded in 1970 and headquartered at 115 Eames Street, Wilmington, Massachusetts. The company produces orthopedic implants (hip stems and cups, spinal rods/hooks/screws/interbody cages/plates, knee femoral/tibial/patella components, shoulder stems and uni-polar heads, trauma plates/screws and small bone components), surgical instruments, and cases/trays for medical device OEMs, alongside precision components for aerospace and defense contractors. It operates 24 manufacturing campuses across 6 countries with approximately 3,500 employees, offering an end-to-end manufacturing stack that includes additive manufacturing (3D-printing of plastic and metal parts), photochemical etching, CNC precision machining (milling, turning, grinding, laser processing), casting, forging, welding and bonding, and finishing (robotic and hand finishing, abrasive blast, shot peening, ultrasonic cleaning). Quality systems are described as FDA-compliant, and the company markets finished, sterilization-ready implant components.

The business runs on a sales-led B2B model in which Tecomet partners with medical device companies and aerospace manufacturers from concept through high-volume production via its LaunchRight design service and broader design-to-delivery capabilities (Innovation & Design, Product Prototyping, Packaging & Delivery Support, Unique Technologies). The company monetizes primarily through hardware sales of finished implant components, instruments, and cases/trays under quote-based contracts; pricing is not publicly disclosed. Customer segmentation is vertical — orthopedic medical device companies, spine device manufacturers, knee reconstruction companies, minimally invasive surgery device companies, trauma and extremities manufacturers, and aerospace and defense contractors — with the orthopedic, spine, and knee segments identified as primary. In 2024 Tecomet combined with Orchid under a merger transaction, expanding its orthopedic manufacturing footprint and consolidating two established contract manufacturing organizations under the Tecomet brand.

Short descriptiontext

Tecomet is a precision contract manufacturer that produces orthopedic implants, surgical instruments, and cases/trays for medical device OEMs, plus precision components for aerospace and defense customers, operating 24 manufacturing campuses across 6 countries with approximately 3,500 employees.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersWarsaw, United States
HQ citystring
Warsaw
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
medical device manufacturing, orthopedic implants, surgical instruments, precision machining, aerospace components
Industry5 codes
1Open & Minimally Invasive Surgical Instruments (Handheld, Laparoscopic, MIS)
CodeHLAHADAAPrimaryYes
2Orthopedic Trauma & Extremities Fixation (Plates/Screws/Nails/External Fixation)
CodeHLAHAEABPrimaryNo
3Surgical Navigation, Robotics & Patient-Matched Instrumentation (Ortho/Spine)
CodeHLAHAEALPrimaryNo
4Medical Device Packaging (Trays, Clamshells, Kits)
CodeIMALAIADPrimaryNo
5Medical & Dental 3D Printing Services (patient-specific devices, dental labs)
CodeIMAAADAGPrimaryNo
NAICS code4 codes
  • Surgical and Medical Instrument Manufacturing339112
  • Surgical Appliance and Supplies Manufacturing339113
  • Medical Equipment and Supplies Manufacturing3391
  • Navigational, Measuring, Electromedical, and Control Instruments Manufacturing33451
SIC code2 codes
  • Surgical & Medical Instruments & Apparatus3841
  • Orthopedic, Prosthetic & Surgical Appliances & Supplies3842
Product category
Medical Device Manufacturing
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Medical Device Component Manufacturing
TypeHardware Sales
Description

Manufacture and sale of orthopedic implants, surgical instruments, and cases/trays for medical device companies. Products include stems, cups, femoral heads, rods, hooks, screws, cages, plates, and custom instruments.

tecomet.com
Marketing channels1 record

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 record
1LaunchRight
Description

High-touch design and upfront development service for when and where innovation is critical

tecomet.com
Core offering1 text field

Symmetry Medical (Tecomet) manufactures precision medical device components and aerospace parts, including fully finished implants, surgical instruments, and cases & trays. The company provides end-to-end manufacturing from design and prototyping through full-scale production, serving orthopedic implant, spine, knee, shoulder, minimally invasive surgery, and trauma device manufacturers, as well as aerospace & defense contractors.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Tecomet is a medical device and aerospace manufacturing solutions provider offering a unified portfolio of products and services. The core product offerings include Implants (fully finished, sterilization-ready components), Instruments (surgical instruments for multiple procedure types), and Cases & Trays (metal, plastic, or hybrid sterile packaging). These are organized by surgical specialty areas: Hip, Spine, Knee, Shoulder, Minimally Invasive Surgery, and Trauma & Extremities. The company provides design and development services including Innovation & Design, Product Prototyping, Packaging & Delivery Support, Unique Technologies, and LaunchRight. Manufacturing capabilities encompass Additive Manufacturing, Photochemical Etching, Casting, Welding & Bonding, Forging, Finishing, and Precision Machining. Tecomet has recently combined with Orchid to expand its orthopedic manufacturing capabilities.

Product and service14 records
1Implants
CategoryMedical Device Components
Description

Fully finished, tight tolerance implant components that are complete and ready for sterilization. Includes orthopedic implants for hip, knee, spine, shoulder, trauma, and extremities applications.

2Instruments
CategoryMedical Device Components
Description

Surgical instruments for reconstruction, spinal, extremity, trauma, advanced surgical, and other medical device procedures. Includes custom and standard instruments.

3Cases & Trays
CategoryMedical Device Packaging
Description

Full line of cases and trays in metal, plastic, or hybrid, including custom and FDA-compliant products for medical device packaging and sterilization.

4LaunchRight
CategoryDesign Services
Description

High-touch design and upfront development service for innovation-critical projects. Provides comprehensive design services from concept to final product.

5Innovation & Design
CategoryDesign Services
Description

Proprietary design solutions tailored to specific customer needs for medical device and aerospace manufacturing.

6Product Prototyping
CategoryDesign Services
Description

High-quality prototypes with a finished look for product development, supporting medical device and aerospace customers.

7Packaging & Delivery Support
CategoryLogistics & Support Services
Description

Inventory management and sterile cleanroom assembly services for medical device manufacturers.

8Unique Technologies
CategoryTechnology Services
Description

Proprietary technology with limitless applications for manufacturing solutions tailored to customer needs.

9Hip Implants & Instruments
CategoryOrthopedic Specialty
Description

Hip implants including stems, cups, femoral heads, custom and standard instruments for joint reconstruction procedures.

10Spine Implants & Instruments
CategoryOrthopedic Specialty
Description

Spinal implants including rods, hooks & screws, interbody cages, plates & screws, custom and standard instruments for spine surgery.

11Knee Implants & Instruments
CategoryOrthopedic Specialty
Description

Knee implants including femoral components, tibial trays, patella components, custom and standard instruments for knee reconstruction.

12Shoulder Implants & Instruments
CategoryOrthopedic Specialty
Description

Shoulder implants including stems, uni-polar heads, custom and standard instruments for shoulder reconstruction.

13Minimally Invasive Surgery Components
CategoryOrthopedic Specialty
Description

Minimally invasive surgical components including orthopedic, robotic, and endoscopy components for MIS procedures.

14Trauma & Extremities Implants
CategoryOrthopedic Specialty
Description

Trauma and extremities implants including plates & screws, small bone components, custom and standard instruments for trauma surgery.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

Tecomet and Orchid have combined through a merger transaction. This strategic combination brings together two trusted organizations to create a stronger partner in the medical manufacturing space. The merger expands capabilities and possibilities across medical device and aerospace manufacturing.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Adjacent medical device manufacturer with primary strength in containment and delivery components; relevant for Tecomet's cases/trays and sterile packaging service line.

TypeBroad incumbent
Description

Broader medical device CDMO with significant exposure to orthopedic and surgical instrument manufacturing through its acquired Symmetry Medical business, plus diversification into cardiac and neurology.

TypeBroad incumbent
Description

Contract manufacturing organization within Teleflex serving orthopedic and surgical device OEMs with custom-engineered components and instruments.

TypeDirect peer
Description

End-to-end medical device contract manufacturer offering design, engineering, precision machining, and finished device assembly across orthopedic and other therapeutic areas.

TypeDirect peer
Description

Pre-merger direct competitor in orthopedic contract manufacturing with implant, instrument, and case/tray capabilities; merged into Tecomet in 2024, making it effectively a structurally integrated peer for benchmarking.

TypeDirect peer
Description

Specialty medical device manufacturer focused on surgical instruments, implants, and cases/trays for orthopedic and spine OEMs—highly comparable in product mix and customer base.

TypeDirect peer
Description

Specialty contract manufacturer of surgical implants, instruments, and assemblies serving orthopedic OEMs with comparable precision machining and finishing capabilities.

8Symmetry Medical (Integer Holdings)
TypeDirect peer
Description

Symmetry Medical was a direct competitor in orthopedic implants and surgical instruments contract manufacturing; now part of Integer Holdings, it remains one of the closest direct peers in precision orthopedic CDMO services.

TypeDirect peer
Description

Contract manufacturer specializing in sterile-packed medical devices, implants, instruments, and disposable devices for OEM customers.

TypeEmerging player
Description

Specialty contract manufacturer offering precision laser cutting, machining, and finishing for medical device OEMs—an emerging partner comparable in capability profile to Tecomet's precision machining service line.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Symmetry Medical

Medical Device Manufacturingsymmetrymedical.com

Tecomet is a precision contract manufacturer that produces orthopedic implants, surgical instruments, and cases/trays for medical device OEMs, plus precision components for aerospace and defense customers, operating 24 manufacturing campuses across 6 countries with approximately 3,500 employees.

What Symmetry Medical does

Tecomet is a precision contract manufacturer serving the medical device and aerospace industries, founded in 1970 and headquartered at 115 Eames Street, Wilmington, Massachusetts. The company produces orthopedic implants (hip stems and cups, spinal rods/hooks/screws/interbody cages/plates, knee femoral/tibial/patella components, shoulder stems and uni-polar heads, trauma plates/screws and small bone components), surgical instruments, and cases/trays for medical device OEMs, alongside precision components for aerospace and defense contractors. It operates 24 manufacturing campuses across 6 countries with approximately 3,500 employees, offering an end-to-end manufacturing stack that includes additive manufacturing (3D-printing of plastic and metal parts), photochemical etching, CNC precision machining (milling, turning, grinding, laser processing), casting, forging, welding and bonding, and finishing (robotic and hand finishing, abrasive blast, shot peening, ultrasonic cleaning). Quality systems are described as FDA-compliant, and the company markets finished, sterilization-ready implant components.

The business runs on a sales-led B2B model in which Tecomet partners with medical device companies and aerospace manufacturers from concept through high-volume production via its LaunchRight design service and broader design-to-delivery capabilities (Innovation & Design, Product Prototyping, Packaging & Delivery Support, Unique Technologies). The company monetizes primarily through hardware sales of finished implant components, instruments, and cases/trays under quote-based contracts; pricing is not publicly disclosed. Customer segmentation is vertical — orthopedic medical device companies, spine device manufacturers, knee reconstruction companies, minimally invasive surgery device companies, trauma and extremities manufacturers, and aerospace and defense contractors — with the orthopedic, spine, and knee segments identified as primary. In 2024 Tecomet combined with Orchid under a merger transaction, expanding its orthopedic manufacturing footprint and consolidating two established contract manufacturing organizations under the Tecomet brand.

Symmetry Medical firmographics

Firmographics
Name
Symmetry Medical
Legal name
Tecomet, Inc.
Website
https://symmetrymedical.com
Company type
Private
Founded year
1970
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Tecomet is a precision contract manufacturer that produces orthopedic implants, surgical instruments, and cases/trays for medical device OEMs, plus precision components for aerospace and defense customers, operating 24 manufacturing campuses across 6 countries with approximately 3,500 employees.
Ownership category
akta.pro rank

Symmetry Medical industry classification

Industry
Product category
Medical Device Manufacturing
NAICS
Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113), Medical Equipment and Supplies Manufacturing (3391), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)
SIC
Surgical & Medical Instruments & Apparatus (3841), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)
akta.pro primary industry
Open & Minimally Invasive Surgical Instruments (Handheld, Laparoscopic, MIS) (HLAHADAA)
akta.pro secondary industries
Orthopedic Trauma & Extremities Fixation (Plates/Screws/Nails/External Fixation) (HLAHAEAB), Surgical Navigation, Robotics & Patient-Matched Instrumentation (Ortho/Spine) (HLAHAEAL), Medical Device Packaging (Trays, Clamshells, Kits) (IMALAIAD), Medical & Dental 3D Printing Services (patient-specific devices, dental labs) (IMAAADAG)

Keywords

  • Medical device manufacturing
  • Orthopedic implants
  • Surgical instruments
  • Precision machining
  • Aerospace components

Where Symmetry Medical is headquartered

Location

Headquarters

HQ city
Warsaw
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Symmetry Medical business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D

Revenue model

  1. Medical Device Component Manufacturing: Manufacture and sale of orthopedic implants, surgical instruments, and cases/trays for medical device companies. Products include stems, cups, femoral heads, rods, hooks, screws, cages, plates, and custom instruments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Symmetry Medical product offering

Product offering

Core offering

Symmetry Medical (Tecomet) manufactures precision medical device components and aerospace parts, including fully finished implants, surgical instruments, and cases & trays. The company provides end-to-end manufacturing from design and prototyping through full-scale production, serving orthopedic implant, spine, knee, shoulder, minimally invasive surgery, and trauma device manufacturers, as well as aerospace & defense contractors.

Product overview

Tecomet is a medical device and aerospace manufacturing solutions provider offering a unified portfolio of products and services. The core product offerings include Implants (fully finished, sterilization-ready components), Instruments (surgical instruments for multiple procedure types), and Cases & Trays (metal, plastic, or hybrid sterile packaging). These are organized by surgical specialty areas: Hip, Spine, Knee, Shoulder, Minimally Invasive Surgery, and Trauma & Extremities. The company provides design and development services including Innovation & Design, Product Prototyping, Packaging & Delivery Support, Unique Technologies, and LaunchRight. Manufacturing capabilities encompass Additive Manufacturing, Photochemical Etching, Casting, Welding & Bonding, Forging, Finishing, and Precision Machining. Tecomet has recently combined with Orchid to expand its orthopedic manufacturing capabilities.

Differentiator

Problem solved

Functional benefit

Brands

  • LaunchRight: High-touch design and upfront development service for when and where innovation is critical

Products and services

  • Implants Fully finished, tight tolerance implant components that are complete and ready for sterilization. Includes orthopedic implants for hip, knee, spine, shoulder, trauma, and extremities applications.
  • Instruments Surgical instruments for reconstruction, spinal, extremity, trauma, advanced surgical, and other medical device procedures. Includes custom and standard instruments.
  • Cases & Trays Full line of cases and trays in metal, plastic, or hybrid, including custom and FDA-compliant products for medical device packaging and sterilization.
  • LaunchRight High-touch design and upfront development service for innovation-critical projects. Provides comprehensive design services from concept to final product.
  • Innovation & Design Proprietary design solutions tailored to specific customer needs for medical device and aerospace manufacturing.
  • Product Prototyping High-quality prototypes with a finished look for product development, supporting medical device and aerospace customers.
  • Packaging & Delivery Support Inventory management and sterile cleanroom assembly services for medical device manufacturers.
  • Unique Technologies Proprietary technology with limitless applications for manufacturing solutions tailored to customer needs.
  • Hip Implants & Instruments Hip implants including stems, cups, femoral heads, custom and standard instruments for joint reconstruction procedures.
  • Spine Implants & Instruments Spinal implants including rods, hooks & screws, interbody cages, plates & screws, custom and standard instruments for spine surgery.
  • Knee Implants & Instruments Knee implants including femoral components, tibial trays, patella components, custom and standard instruments for knee reconstruction.
  • Shoulder Implants & Instruments Shoulder implants including stems, uni-polar heads, custom and standard instruments for shoulder reconstruction.
  • Minimally Invasive Surgery Components Minimally invasive surgical components including orthopedic, robotic, and endoscopy components for MIS procedures.
  • Trauma & Extremities Implants Trauma and extremities implants including plates & screws, small bone components, custom and standard instruments for trauma surgery.

Companies that use Symmetry Medical

Customer profile

Segments6 records

Ideal customer profiles4 records

Symmetry Medical technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Symmetry Medical partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • OrchidflagshipStrategic or Co-development PartnerTecomet and Orchid have combined through a merger transaction. This strategic combination brings together two trusted organizations to create a stronger partner in the medical manufacturing space. The merger expands capabilities and possibilities across medical device and aerospace manufacturing.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Symmetry Medical competitors and assessment

Company assessment

Broad incumbents

  • West Pharmaceutical Services: Adjacent medical device manufacturer with primary strength in containment and delivery components; relevant for Tecomet's cases/trays and sterile packaging service line.
  • Integer Holdings: Broader medical device CDMO with significant exposure to orthopedic and surgical instrument manufacturing through its acquired Symmetry Medical business, plus diversification into cardiac and neurology.
  • Teleflex Medical OEM: Contract manufacturing organization within Teleflex serving orthopedic and surgical device OEMs with custom-engineered components and instruments.

Direct peers

  • Viant Medical: End-to-end medical device contract manufacturer offering design, engineering, precision machining, and finished device assembly across orthopedic and other therapeutic areas.
  • Orchid Orthopedic Solutions: Pre-merger direct competitor in orthopedic contract manufacturing with implant, instrument, and case/tray capabilities; merged into Tecomet in 2024, making it effectively a structurally integrated peer for benchmarking.
  • Avalign Technologies: Specialty medical device manufacturer focused on surgical instruments, implants, and cases/trays for orthopedic and spine OEMs—highly comparable in product mix and customer base.
  • Paragon Medical: Specialty contract manufacturer of surgical implants, instruments, and assemblies serving orthopedic OEMs with comparable precision machining and finishing capabilities.
  • Symmetry Medical (Integer Holdings): Symmetry Medical was a direct competitor in orthopedic implants and surgical instruments contract manufacturing; now part of Integer Holdings, it remains one of the closest direct peers in precision orthopedic CDMO services.
  • SteriPack Contract Manufacturing: Contract manufacturer specializing in sterile-packed medical devices, implants, instruments, and disposable devices for OEM customers.

Emerging players

  • Northeast Laser & NMP: Specialty contract manufacturer offering precision laser cutting, machining, and finishing for medical device OEMs—an emerging partner comparable in capability profile to Tecomet's precision machining service line.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Symmetry Medical social profiles

Digital presence

Symmetry Medical financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Symmetry Medical leadership team

Management profile

Number of profiles

Symmetry Medical subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Symmetry Medical funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Symmetry Medical M&A and investment

M&A and investment

M&A1 record

Investments

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

Frequently asked questions about Symmetry Medical

What does Symmetry Medical do?

Symmetry Medical (Tecomet) manufactures precision medical device components and aerospace parts, including fully finished implants, surgical instruments, and cases & trays. The company provides end-to-end manufacturing from design and prototyping through full-scale production, serving orthopedic implant, spine, knee, shoulder, minimally invasive surgery, and trauma device manufacturers, as well as aerospace & defense contractors.

Is Symmetry Medical a public or private company?

Symmetry Medical is a private company. It is classified as unknown and is currently operating.

When was Symmetry Medical founded?

Symmetry Medical was founded in 1970. It employs 5,001 to 10,000 people.

Where is Symmetry Medical based?

Symmetry Medical is headquartered in Warsaw, United States, in the North America region.

How does Symmetry Medical make money?

One revenue line is on record: medical Device Component Manufacturing.

Who are Symmetry Medical's main competitors?

Broad incumbents on record are West Pharmaceutical Services, Integer Holdings and Teleflex Medical OEM. Direct peers are Viant Medical, Orchid Orthopedic Solutions, Avalign Technologies, Paragon Medical, Symmetry Medical (Integer Holdings) and SteriPack Contract Manufacturing. Northeast Laser & NMP is listed as an emerging player.

Does Symmetry Medical have an API?

No public API is recorded for Symmetry Medical.

What industry is Symmetry Medical in?

Symmetry Medical's product category is Medical Device Manufacturing. Its primary akta.pro industry code is HLAHADAA, Open & Minimally Invasive Surgical Instruments (Handheld, Laparoscopic, MIS), with a secondary code of HLAHAEAB, Orthopedic Trauma & Extremities Fixation (Plates/Screws/Nails/External Fixation). Its NAICS code is 339112 and its SIC code is 3841.

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Live signals
The Irish TimesAccountant who quit after bosses investigated €152,000 ‘irregular’ spending loses WRC claimSymmetry Medical Ireland Ltd (trading as Tecomet) won a Workplace Relations Commission case where former financial controller Noelle Lowney claimed constructive dismissal after the company discovered €152,000 in irregular expenditure on her company credit card over five-and-a-half years. Lowney had agreed to repay the money and argued that extreme working conditions (8am to midnight, seven days a week) caused health deterioration affecting her judgment, but adjudication officer Úna Glazier-Farmer found the investigation was procedurally fair and rejected her complaint. The company's HR manager had also made a formal statement to gardaí about the alleged theft of company property.VarsityhealthcarepartnersUnited Aesthetics Alliance Announces Partnership with The Bengtson Center for Aesthetics and Plastic Surgery and Symmetry Medical SpaUnited Aesthetics Alliance announced a new partnership with The Bengtson Center for Aesthetics & Plastic Surgery, a premier plastic surgery and medical spa provider based in Grand Rapids, Michigan, led by board-certified plastic surgeons Drs. Brad Bengtson and David Alfonso. The partnership validates UAA's strategy of deliberate growth in select secondary and tertiary markets while maintaining a selective approach to partnering with market-leading aesthetic practices, with BCAPS recently launching New Vista Hair Restoration Center to expand its offerings. UAA, which is sponsored by Varsity Healthcare Partners, continues to make enterprise-level investments including executive hires and marketing technology to support growth across its partner practices.Medical Device and Diagnostic industryThe Changing Shape of Medtech OutsourcingAn industry analysis reports that outsourced medical device manufacturing is growing faster than the overall device sector, with a U.S. market estimated at $4.4 billion in 2005, up from $2.2 billion in 2002. Projections put outsourcing at 40% of production by 2010, a 15% annual growth rate. The report expects consolidation among more than 3,000 fragmented providers, citing Symmetry Medical's acquisition of TNCO.GlobeNewswireSymmetry Medical Completes Sale of Its OEM Solutions Business and Separation of Symmetry Surgical Inc.Symmetry Medical completed the merger that sold its OEM Solutions business to Tecomet affiliates and transferred the Symmetry Surgical business to a new company, Symmetry Surgical Inc. Shares of Symmetry Surgical began trading on NASDAQ under 'SSRG,' while Symmetry Medical's NYSE shares were delisted. Symmetry Surgical shares trade at $7.50 per share for each Symmetry Medical share held.GlobeNewswireSymmetry Medical Stockholders Approve Sale of Its OEM Solutions Business and Separation of Symmetry Surgical Inc.Symmetry Medical stockholders approved a merger agreement to sell its OEM Solutions business and separate Symmetry Surgical, with 85.17% voting in favor. The deal, approved by 98.87% of votes, will transfer shares in the new Symmetry Surgical company to Symmetry Medical stockholders.GlobeNewswireSymmetry Medical Announces Proposed Sale of OEM Solutions Business and Separation and Spin-Off of Symmetry Surgical BusinessSymmetry Medical entered a definitive agreement to sell its OEM Solutions business to Tecomet for $450 million in cash, and to spin off its Symmetry Surgical business as a new public company. The transaction, expected by end of 2014, will give shareholders one share of the new company for every four shares of Symmetry Medical.GlobeNewswireSymmetry Medical to Report Second Quarter 2014 Financial Results on August 5, 2014Symmetry Medical Inc. announced it will report second quarter 2014 financial results for the period ending June 28, 2014 before market open on August 5, 2014. The company will host a conference call at 8:00 a.m. ET with a live webcast and replay available online.GlobeNewswireSymmetry Medical to Report First Quarter 2014 Financial Results on May 1, 2014Symmetry Medical Inc. will report its first quarter 2014 financial results for the period ending March 29, 2014 before market open on May 1, 2014. The company will host a conference call at 8:00 a.m. ET with a live webcast and replay available online.GlobeNewswireSymmetry Medical Reports Fourth Quarter and Full Year 2013 Financial ResultsSymmetry Medical reported fourth-quarter 2013 revenue of $101.2 million, down 5% year-over-year, and full-year revenue of $400 million, down 2.6%. The company posted a net loss of $2.2 million in Q4 and $35.8 million for the year, with adjusted net income of $3.6 million in Q4. Management expects 2014 revenue of $408-418 million and adjusted EPS of $0.48-0.54.GlobeNewswireSymmetry Medical Reports Preliminary Third Quarter 2013 Revenue of $98 MillionSymmetry Medical reported preliminary Q3 2013 revenue of about $98 million, with EPS potentially down $0.08 to $0.11 due to a fire at its Sheffield plant, operational issues, and lower volume. The company will report full results and updated guidance on October 31, 2013.