April 16, 2013

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Article

Fixes 4 Kids Moves Manufacturing to North Dakota

Press Release

April 16, 2013

Salt Lake City-based Fixes 4 Kids, Inc. has announced that it has relocated its manufacturing operations to Fargo, North Dakota. Working with Wahpeton-based ComDel Innovation (CDI), the company is focused on bringing economic development, infrastructure and technological innovation to take advantage of the business-friendly atmosphere the state provides.

IFixes 4 Kids has received funds from a number of local sources, including Linn Grove Ventures, the Bank of North Dakota’s North Dakota Development Fund and North Dakota Venture Fund, and other angel investing groups. The company has benefited from economic development incentives from the state of North Dakota, all of which will help the company better establish deep roots within the community and propel innovation efforts forward.

“We invested in Fixes 4 Kids as a group of North Dakota investors because we saw significant common values, especially a strong respect for cash efficiency, a strong management team that had a clear understanding of the path forward and the ability to execute, and an opportunity to add value through North Dakota manufacturing and product development at ComDel Innovation as well as employment in North Dakota,” said Dan Hodgson, managing director of Linn Grove Ventures.

Founded in 2009, Fixes 4 Kids is developing a family of innovative products to address a range of complex pediatric orthopedic fractures. Its first products, the E-Fix and E-Thotic, create a system that helps pediatric orthopedic surgeons more effectively reset, pin and postoperatively immobilize fractures in children’s elbows.

“Supracondylar fractures, commonly known as a broken elbow, are the most common fracture in children ages three to 12 years old,” added Vedder. “Approximately 65,000 children in the United States each year are treated for supracondylar fractures. The E-Fix eliminates the current treatment procedure of manually pulling on a child’s arm when managing and reducing complex fractures, which may lead to additional risks to the patient if not performed properly.”

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