MicroVention, a wholly owned subsidiary of Terumo Corporation and a global neurovascular company, celebrated the Grand Opening of its New Innovation Center on September 25. The opening of the new facility, located in the heart of the Summit Office Campus, also signifies the company’s official return to Aliso Viejo: MicroVention was founded here in 1997, originally occupying buildings very close to the new location and is also commemorating its 20-year anniversary.
The celebration welcomed Terumo Corporation’s Takayoshi Mimura, Chairman; Hikaru Samejima, President, Cardiac & Vascular Group; and Jim Takeuchi, President & CEO of Terumo Americas. Representatives of many neighboring businesses, members of the Aliso Viejo City Council and contributing vendors also attended the festivities. In 2006, Terumo acquired MicroVention into their family of Companies to leverage unique, proprietary technologies and facilitate additional focus on new technologies.
“The opening of our new Worldwide Innovation Center is an important milestone for MicroVention and Terumo,” said Rich Cappetta, MicroVention President & Chief Executive Officer. “The New Innovation Center will promote increased physician collaboration and technology development, both of which lead to our ultimate goal of improving patient care.”
MicroVention’s new 205,000 square-foot, 5.13-acre complex was built to support the growth and expansion of products offered under the MicroVention brand for the foreseeable future. The new complex, which can accommodate more than 800 employees, consolidates the majority of the MicroVention operations and functions, with manufacturing continuing at the Tustin facility. Among its many features are expansive clean room facilities, research and development laboratories and a state-of-the-art neuroradiology imaging lab. The complex also includes an 822-stall, five-story parking structure. MicroVention is a Global Company with worldwide direct sales and distribution outlets in more than 75 countries.
As part of its anniversary ceremonies, MicroVention also exhibited a Time Capsule with 20 years of the company’s history to be opened in 2038 as a way of celebrating what the next 20 years may bring to the industry and company.
“I want to officially welcome you “back” to Aliso Viejo,” said Council Member Bill Phillips. “Having a global player like MicroVention return to its roots two decades after being founded here is significant for us – as we continue to make Aliso Viejo known as Southern California’s technology hub.”