"Even in these tough economic times, many of the segments we target are thriving," says Jim Cairns, vice president of marketing at
Multi-Tech Systems. "We provide technology that allows for greater efficiency and cost savings, and that's always welcomed."
Founded by Raghu Sharma, Multi-Tech has been producing connectivity technology for nearly 40 years. Part of the company's strength lies in its diversity: products range from smart grids that can monitor a house's electricity, to sensors that allow remote ATM machines to communicate with bank systems quickly, to patient-monitoring systems that make home health care easier and safer.
Health care is a major part of Multi-Tech's offerings, and the company has major clients like
Medtronic and
Boston Scientific. Cairns says, "The cost for health care these days is almost obscene. So, if we can allow people to manage their health care from their homes instead of rushing to the hospital, that makes for major savings."
Growth in all areas is creating a demand for new talent, he adds, and hiring has been steady at the company's headquarters in Mounds View. Recent hires have joined teams in sales, engineering, and manufacturing.
A unique part of Multi-Tech's operations is its in-house manufacturing facilities. By not outsourcing any production to overseas entities, the company doesn't benefit from cost breaks, Cairns notes, but there's greater control over the supply chain and more adaptability to customer needs.
For the future, Multi-Tech intends to keep hiring at a steady pace and expand into new markets. "We feel fortunate to be growing, while still striving to provide the best solutions for our customers," says Cairns.
Source: Jim Cairns, Multi-Tech Systems
Writer: Elizabeth Millard