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|Articles - November 2010|
|Thursday, October 21, 2010|
It took a while, but Scheinberg and his wife, Cherrie, co-founders and CEO and president respectively of SAM Medical Products, have managed to replace the splints of old with their splints, which they build in Oregon and ship around the world to soldiers, emergency medical teams, paramedics and wilderness adventurers. Their 30-employee company has seen healthy growth in recent years, culminating in a major move in September into a new facility in Wilsonville, where they have consolidated their manufacturing plant, R&D labs and corporate offices into 18,000 square feet of new space, with room and plans to grow further.
After his tour of duty in Vietnam ended in 1969, Scheinberg entered a residency program at the University of Louisville. He says he was relaxing in front of an episode of The Beverly Hillbillies after a hard day of surgery in 1971 and toying with a foil gum wrapper when he came up with the initial idea for a sling made from super-strong but highly malleable aluminum, secured with medical tape. His colleagues in orthopedics helped him to fine-tune the prototype. It took a while, but by the time he and Cherrie had settled in Lincoln County (lured by a visit to the Coast on a cloudless day in August), they had a product. They launched the company in 1984, selling to emergency rooms and paramedics before landing their first military contract for the Gulf War.
They built the company through Sam’s inventiveness and Cherrie’s persistence. “I chased him around the house,” Cherrie recalls. “I would not let up.”
“She’s not kidding,” Sam adds with a grin.
Twenty-five years later, SAM splints are the top sellers in the market, with buyers in more than 100 countries. SAM also makes bandages (competing with fellow Oregon producer HemCon), pelvic slings and bandages that prevent and treat blisters and pressure sores.
“Our model is to try to solve common, serious problems with simple, elegant solutions,” he says.
“That’s incredible,” he remembers saying.
His wife quickly corrected him: “No, that’s a new product.”
Beyond the obvious uses for runners and hikers, the Scheinbergs say their BursaTech products have great potential to help amputees, wheelchair users, patients confined to bed rest and people with foot problems from diabetes. Their team has submitted a $3 million grant proposal with the Department of Defense to accelerate the development of new devices to help returning vets suffering from bedsores, amputation-related discomfort and pressure sores.
Their BursaTech products are currently made in Minnesota, but the Scheinbergs plan to incorporate that work into their new Oregon facilities if they gain funding. Sam Scheinberg says the bursa line could double the size of the company if it takes off.
That could delay retirement even further. Sam is 68 and Cherrie is 66, but they say they have no interest in stopping work any time soon. “We still want to feel like we’re doing something that’s adding to the world,” says Sam. “We still want to be in the arena.”
Friday, March 27, 2015
BY LINDA BAKER
My daughter turned 18 last week, and for her birthday I got her a Car2Go membership. Not to label myself a disruptor or anything, but it felt like a groundbreaking moment. The two of us, mother and child, were participating in a new teen rite of passage: Instead of handing over the car keys, I handed over a car-sharing card — with the caveat that she not use the gift as her own personal car service.
Friday, February 20, 2015
BY JOE CORTRIGHT | OB CONTRIBUTOR
"Shipping containers to Portland is like waiting for a bus that travels once a day."
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR
Marijuana is big business in Oregon, and it’s about to get bigger.
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan
An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.
Friday, February 20, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
The ongoing labor disputes at the Port of Portland came to a head two weeks ago when Hanjin, the container port's largest client, notified its customers it would be ending its direct route to Oregon.
Monday, March 02, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Portland-based healthcare provider ZoomCare said it plans to “remake American healthcare” by expanding its on-demand urgent care model to emergency, surgery, dental and primary care, among others.
Wednesday, February 25, 2015
BY JASON NORRIS, CFA | OB GUEST BLOGGER
Pets.com, GeoCities, eToys, and WorldCom … blasts-from-the-past that all signify the late 1990s Internet bubble. Yet we believe the dynamics of the market, specifically in technology stocks, are much different today than it was during the late 1990s.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.
Like the advent of the locomotive, the cloud creates business opportunities that simply weren’t possible before now. Get up to speed fast in May at an exciting cloud-empowered Portland event.
Registration is now open for Portland Business Alliance’s Annual Meeting, one of the largest business gatherings in Portland each year.