medical field

05 Apr: Medical Device Tax Suspension

Branded a job-killer when it was introduced, the Medical Device Excise Tax was temporarily suspended starting January 1st of 2016, until the end of 2017. The tax was created to impose an excise tax on the sale of certain medical devices by the manufacturer or importer of the device.  This tax had been fought over for years, since it was implemented as part of the Patient Protection and Affordable Care Act in 2013. Interestingly enough, the suspension of the tax…

09 Feb: The Medical Industry is Growing – And Swiss Precision Machining, Inc. is Ready For It!

Unprecedented demand for medical equipment and healthcare services are forecasted for the very near future. In fact, the medical industry is booming, and is considered to be “recession-proof” because of its importance. The aging population is probably one of the most significant trends affecting the medical industry right now. Recent news reports quote U.S. Census Bureau statistics and forecasts stating that by the year 2020, the number of people between the ages of 65 and 74 will increase 74 percent….

01 Feb: Nothing Compares to the Value of Networking at Tradeshows!

Swiss Precision Machining believes that keeping up with industry trends and technologies is a priority. That’s why we attend the MD&M (the world’s largest Medical Design & Manufacturing event) and the Design-2-Part tradeshows year after year. This year at MD&M, you can find us in Anaheim, CA at the Anaheim Convention Center, from February 12-14 at booth #3078. The medical/surgical field is a fast-moving, multi-billion dollar industry that has become the majority of our business. The fields are rapidly-changing, so…