Paragon Medical was incorporated in 1991, and began developing a business concept designed to integrate the manufacturing, storing, sterilizing and presenting of surgical instruments and related medical devices.

This concept specifically provides systematic solutions to both medical device manufacturers who sell the instruments and the end user, the healthcare facility.

Paragon began designing and manufacturing customized polymer surgical instrument sterilization cases and trays for the OEM market and has continually improved and expanded this product line. We now extrude our own polymer sheet stock used in the thermoforming process.

In 1996, Paragon acquired the manufacturing equipment necessary to fabricate metal cases and trays. The complete product line now includes custom and standard products in polymer, metal and hybrid applications.

In 1999, Paragon acquired the surgical instrumentation business of Rotobur Doell, Mfg. Inc., Ft. Wayne, Indiana; then moved the equipment and personnel to the Pierceton facility and began manufacturing custom surgical instrumentation for orthopaedic device manufacturers. This capability is a natural complement to our existing customer base and allows us to provide precision ground cutting instruments to the medical industry.

In 2001, Paragon began implantable component processing for its OEM customers. Today, Paragon is producing a number of precision manufactured implants to meet the needs of our customers.

In 2004, Paragon expanded into Europe. The expansion included office and administrative support as well as engineering and production. This expansion is another indication of the dominant global position the company has in the medical industry.

In 2005, Paragon constructed a new 65,000 sq. ft. Case & Tray facility in Pierceton. All operations for surgical instrument delivery systems transferred from the existing 110,000 sq. ft. facility to the new structure. The vacated space was maximized to support significant growth in the instrumentation and implantable components division.

Late 2005/early 2006, Paragon acquired 5 companies (Mark Machine, Ortho-Craft, OsteoMac, Ortho-Precision, and the Smithfield Utah production facility from DePuy Mitek). The acquisitions provided global centers of manufacturing excellence, expanded core competencies and market segment offerings, and strengthened Paragon's position as a Tier 1 partner of choice.

August 2006, Paragon acquired the medical metal finishing division from Hand Industries, a Warsaw, Indiana based company. This division of Hand Industries was one of the largest outside processors of orthopaedic metal finishing in the United States.

Late 2006, Paragon introduced a new line of standard surgical instrumentation, targeting spinal and orthopaedic applications. The product portfolio includes silicone over-molded fixed handles with adapters, bone probes and bone awls.

In 2007, Paragon acquired two Indianapolis based companies OMC Precision Products, Ltd. and Tutela Medicus, Inc. complementing Paragon's strong position as a Tier I supplier to medical device OEM's. OMC is a highly respected provider in close tolerance machining and turning, finishing, and assembly of surgical implants primarily for the spinal and neurological markets. Tutela offers development services to assist both medical device manufacturers and medical professionals with product development.