News & Press

PartsSource Expands in Ohio to Reach Market Segments

Company drawn to Ohio’s talented workforce and support of the local community

Published: Mon Aug 23 2021

Company Name: PartsSource, Inc.
Location: Aurora
Industry Sector: Healthcare
Company Profile: PartsSource is a multi-modality, multi-vendor supplier and online database of medical replacement parts.
Company Website: www.partssource.com

Project Summary:

Type of Project: Expansion

Jobs:

Jobs committed: 99
Jobs retained: 179

Company Need:

PartsSource has experienced steady growth since President and CEO Phil Settimi, MSE, M.D., joined the company in 2014. Following a recent investment by Bain Capital, PartsSource’s growth is accelerating. The company wanted to support ongoing development, broaden its solutions portfolio, and expand its marketplace platform to serve new areas of healthcare.

The workforce we have today has been essential in successfully expanding our company into new product categories to meet evolving customer needs. The commitment and caliber of available talent in our area is critical to deliver the company’s next phase of innovation and growth.

- Robert Sanchez -

Chief Human Resources Officer, PartsSource

Why Ohio?

PartsSource will expand in the Northeast Ohio region due to Ohio’s talented workforce and support of the local community.

Ohio’s drive to develop medical innovation has given it a global reputation as a healthcare hotspot powered by exceptional talent. The state has a growing talent pool of about 80,000 bioscience employees, excluding healthcare providers. It attracts an increasing number of bioscience students from Ohio schools, with more than 10,000 graduates in 2017, a 30% increase from 2010 levels.

In recent years, investments in technology and infusions of talent have elevated the sector’s capacity to develop technologies and treatments that improve lives.

Collaborators:

JobsOhio, Team NEO, the city of Aurora, Portage Development Board, and the Ohio Department of Development