LANSING — Transonic Systems held a grand opening for its 30,000-square-foot expansion on July 9. The company broke ground on the addition to its world headquarters and manufacturing facility in March 2011. The expansion, which houses manufacturing operations, doubled the size of Transonic’s existing space. Transonic Systems manufactures flow-measurement devices with applications in medicine and […]
Get Instant Access to This Article
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
- Critical Central New York business news and analysis updated daily.
- Immediate access to all subscriber-only content on our website.
- Get a year's worth of the Print Edition of The Central New York Business Journal.
- Special Feature Publications such as the Book of Lists and Revitalize Greater Binghamton, Mohawk Valley, and Syracuse Magazines
[bypass-paywall-buynow-link link_text="Click here to purchase a paywall bypass link for this article"].
LANSING — Transonic Systems held a grand opening for its 30,000-square-foot expansion on July 9.
The company broke ground on the addition to its world headquarters and manufacturing facility in March 2011. The expansion, which houses manufacturing operations, doubled the size of Transonic’s existing space.
Transonic Systems manufactures flow-measurement devices with applications in medicine and research. The company’s products are used in everything from heart surgery to dialysis and in research labs around the world.
The company’s facility in Lansing houses manufacturing, sales, engineering, and everything else. The firm ran out of room for additional manufacturing or expansion in the old building, so began planning for the addition.
Other operations remain in Transonic’s pre-existing building. The company employs 130 people.
As of 2011, Transonic Systems had been growing at a pace of 6 percent to 10 percent a year for the past 14 years, company leaders say. The firm’s annual sales expanded in that period from $7 million to $20 million.
Its sales have been boosted by an expanding worldwide presence. The company’s international divisions all opened in the past five years with Japan launching in 2006 and Taiwan in 2007. Transonic expanded into the Netherlands last year.
In addition, Transonic’s holding company, Measurement Innovation Corp. (MIC) closed an acquisition of Scisense, Inc. of London, Ontario in July 2011. Scisense produces advanced products for assessing cardiac-pressure volume and blood pressure.
The deal allowed the companies to offer complete cardiovascular solutions by providing products to measure blood flow and pressure, according to the firms.
Transonic CEO and Chief Technology Officer Cornelis Drost founded the company in 1983. It’s based on work he was involved with originally at Cornell University. Drost was the main researcher on a project at Cornell to adapt what became some of Transonic’s core technology for medical use.
Tompkins County Area Development (TCAD) facilitated the Transonic expansion project with the town of Lansing, the village of Lansing, businesses in the Warren Road Business & Technology Park, Tompkins County Planning, and Cornell University Real Estate. It took more than three years of effort to launch the expansion.
Empire State Development awarded a $400,000 grant to construct a new municipal sewer line along Warren Road that made the project possible. The line serves seven businesses in the area that employ more than 300 people.