Velosity
Company History

MEET VELOSITY

Better Together

The Velosity family of companies provides integrated solutions for medical device and defense manufacturers.

Velosity is a leading provider of custom contract manufacturing, product development, rapid prototyping, injection molding, precision machining, and tool design and build. Our integrated capabilities help customers move products from concept to production.

With more than 575 employees across four facilities, Velosity serves medical device OEMs and defense manufacturers with broad development and manufacturing expertise.

OUR HISTORY

Over 200 Years of Combined Experience

Our History and Expertise

Velosity brings together more than 200 years of combined experience and industry knowledge, built through decades of manufacturing expertise, strategic acquisitions and continued investment in new capabilities.

Our history began in 1965, when Custom Mold and Design (CMD) began establishing its reputation for manufacturing expertise and quality. Over the years, Teamvantage (est. 1972), MMD Medical (est. 1973), Paradigme Engineering (est. 1994) and CMD Precision (est. 2008) joined the organization, bringing complementary capabilities and experience. In 2026, Velosity expanded its capabilities with the acquisition of Lucid Labs, adding expertise in embedded engineering and rapid prototyping to help customers move from early concepts toward manufacturing readiness and production.

Today, Velosity is a leading provider of mission-critical solutions for medical device OEMs and defense manufacturers.

Medical Device and Defense Manufacturing

Velosity supports a broad range of medical device applications, including electrophysiology, cardiac rhythm management, neuromodulation, bioelectronic solutions, surgical instruments, robotic-assisted surgery, diabetes management and drug delivery. For defense customers, our capabilities support applications such as precision-guided systems, fuzing and naval systems.

Our capabilities span embedded engineering, product development, design for manufacturability, precision machining, tooling, injection molding and cleanroom manufacturing and assembly. With Class 7 and Class 8 cleanrooms and a focus on quality, precision and manufacturability, we work alongside customers to address complex requirements and support reliable production.

From early-stage development through manufacturing scale-up and production, Velosity helps customers advance projects with integrated expertise and manufacturing capabilities.

 

LEADERSHIP TEAM

Unmatched Expertise

Our deep understanding of the industry helps you overcome business challenges through engineering innovative solutions, simplifying supply chains, shortening lead times, and speeding up processes. Our expertise in medical device manufacturing ensures high-quality and reliable production for our clients.

Dave Hemink

CEO

Steve Foy

CFO

Darren Bjork

CCO

 

Janet Janiszewski

CHRO

Tim Hillukka

CIO

Rich Patraw, VP of Operations for Velosity.

Rich Patraw

VP Operations

Greg Fischer

VP Sales – Medical

Naira Istephanous, Director of Marketing for Velosity.

Thomas Caron

VP Sales – Defense

Domick Martin

VP – Finance

Rich Patraw, VP of Operations for Velosity.

Jason Holien

Director of IT 

Professional Associations

Velosity maintains several professional associations, including Manufacturers Association for Plastics Processors (MAPP), The National Armaments Consortium (NAC), Defense Alliance, Manufacturers Alliance, and Minnesota Precision Manufacturing Association (MPMA).

WIM Logo
Medical Alley Association logo.

SOLUTIONS

We Bring Your Big Ideas to Life

Velosity has the expertise and capabilities to take your next project from concept to completion. Learn more about our solutions for medical device contract manufacturing, aerospace, defense, and industrial applications.

Injection molding machinery.

INJECTION MOLDING

Man operating machinery.

PRECISION MACHINING

Man wearing gloves looking at an object.

CONTRACT MANUFACTURING

Cubicle.

DESIGN SUPPORT & ENGINEERING

Man next to a microscope.

QUALITY ASSURANCE

Velosity employees looking at a computer.

PROGRAM TRANSFER

LOCATIONS

Velosity Locations

Velosity is proud to be an integral part of Medical Alley, with four locations in central Minnesota serving our clients worldwide, including medical device companies in Minnesota.

FOREST LAKE

20697 Fenway Avenue North
Forest Lake, MN 55025

651.464.3900

CMD – Forest Lake

22455 Everton Avenue North
Forest Lake, MN 55025

763.535.2334

Brooklyn Park

6835 Winnetka Circle
Brooklyn Park, MN 55428

763.657.4230

Rogers

14194  Northdale Blvd.
Rogers, MN 55374

763.657.4230