Microspec began in 1989 without permanent equipment, a permanent home or even a customer—but with a very clear vision: to become a driving force for innovation in custom medical extrusion. Now Microspec is an industry leader with a global reputation for innovation, quality and willingness to accept challenges.
We have structured our business for growth and continuous improvement. We are positioned to triple our business. We invest in innovation and we invest in our people. We ensure that the people closest to the work itself, those who understand it best, have the tools to make great extrusions consistently.
Tim Steele founds Microspec Corporation.
Microspec is incorporated and moves into 1200 square foot building in Jaffrey, New Hampshire.
Microspec runs first extrusion
Microspec runs its first bump tube
Microspec outgrows its original space and moves to larger facility.
Microspec exhibits at a trade show for the first time.
Microspec extrudes its first coated wire: a 12-micron thich coating on a 50-micron wire; the finished outside diameter is only 75 micons (0.003 inch).
Microspec designs special co-extrusion crosshead to make 2-lumen tube with 2 encapsolated radiopaque stripes, now company's longest running product.
Microspec continues to expand and moves to larger facility in Jaffrey.
Microspec extrudes its first PICC bump tube.
Tim Steele develops a process that maintains a constant OD for the plastic jacket over a wire with a varied OD.
Microspec receives ISO 9002:1994 certification.
Tim Steele receives patent 6,371,929 for "method and apparatus for producing steerable coated guidewires" with a variable OD and uniform coating.
Bump tubing becomes Microspec's number one product.
Microspec receives ISO 9001:2000 certification.
Further business expansion is facilitated with the purchase of 327 Jaffrey Road building in Peterborough.
Microspec moves to Peterborough, expanding extrusion operations, research and administration.
Microspec adds a fully equipped machine shop for custom tooling.
Microspec adds a 4500 square foot dedicated research and development laboratory.
Microspec is awarded a New Hampshire Job Training Fund grant to train employees in Lean manufacturing; implements first Lean cell.