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AIAG and MichBio Form New Collaborative Partnership
Date:8/5/2009

Automotive and Biosciences Associations join forces to Assist Michigan's Traditional Automotive Manufacturing Base Diversify into Medical Device Manufacturing

Southfield, Mich. (Vocus) August 5, 2009 -- The Automotive Industry Action Group (AIAG) and Michigan Biosciences Industry Association (MichBio) announced today a collaborative partnership. This partnership brings AIAG's quality expertise in automotive manufacturing together with MichBio's medical device and bioscience industry know-how.

In recent months considerable effort has been made by the state of Michigan to assist manufacturers who are looking to shore up business lost from the automotive industry and diversify into the exploding medical devices market. While the automotive market has been on a decline, the medical device industry is seeing growth due to an aging demographic, increased awareness and expectations for medical care from patients, and advances in medical technologies. While many synergies exist, some retooling will most likely be required. However, medical device manufacturing is a complimentary vertical for suppliers that have mastered strict quality certification systems in the automotive industry which can be readily transition into other manufacturing industries.

"We are committed to providing our member organizations with the tools and resources they need to manage the economic recovery. Given the current financial condition of the automotive industry, it is imperative that we collaborate with organizations like MichBio to help our members diversify as well as take best practices for quality improvement and apply them in other industries," said J. Scot Sharland, Executive Director, AIAG.

Members of both organizations will benefit from shared tools and resources bringing together the best of both manufacturing industries. Through this cooperative relationship AIAG and MichBio have agreed to pursue areas of collaboration where appropriate, share information on initiatives and projects where there is common interest, exchange membership information as well as member discounts for publications, training and events, and work collaboratively on the manufacturing track at MichBio's Expo and Conference. For more information on AIAG's initiatives visit the organization's Web site at www.aiag.org.

About AIAG
AIAG is a unique not-for-profit organization where for more than 25 years, OEMs, suppliers, service providers, government and academia have worked collaboratively to drive cost and complexity from the supply chain via global standards development and harmonized business practices. AIAG membership has grown to include preeminent OEMs such as Caterpillar, Chrysler LLC, Daimler, Ford Motor Company, General Motors, Honda, Navistar International, Nissan, Toyota and many of their part suppliers and service providers. For more information, please visit the organization's Web site at www.aiag.org.

About MichBio
MichBio is committed to driving the growth of Michigan's life science industry. Its members include life sciences companies, academic and research institutions, bioscience service providers, and related organizations. MichBio promotes cooperation between Michigan's bioscience-related businesses, forges stronger relationships, develops business-to-business opportunities, and serves as a united industry voice to promote a bioscience business-friendly environment. For more information, please visit the organization's Web site at www.michbio.org.

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Read the full story at http://www.prweb.com/releases/Automotive_Manufacturing/Medical_Device/prweb2717854.htm.


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