Holt Joint Plants Plan to Hire 150
Posted on | June 16, 2011 | No Comments
Holt-based Orchid Orthopedic Solutions, which was acquired yesterday by private equity investors Altor Fund III, says it will expand and move some of its manufacturing to China and South America. In the process, the company will add 150 employees to its current Michigan workforce of 645 people.
The company makes artificial joints. Claes Ekstrom, a partner with Altor, said in a statement: “With an increasingly active and aging population in the western markets and increasing public and private health care spend in the developing markets, there is a fundamentally solid long term demand growth outlook for orthopedic and dental implants.”
The new Michigan jobs will be executive, clerical and some manufacturing positions. Orchid is currently advertising these positions on its website at its plants in Holt, Chelsea and Bridgeport:
- Quality Engineer
- CNC Lathe Machinist (2nd or 3rd shift)
- Manufacturing Process Engineer
- CNC Lathe Machinist
- Project Manager
- Forging Die Designer
- 5-Axis Cutter Grind Machinist
- Process Technician
- Plastic Injection Molding Supervisor
- Mold Production Manager
- Quality Engineer
The company wouldn’t discuss pay or benefits, but according to the Industry Spotlight, machinists earn between $26 and $32 per hour on average.
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