Around The Industry
Around The Industry
Celebrate the industry.
Catch up with the latest awards and appointments, market moves and noteworthy items.
To submit items for publication contact JDT Unbound at
NADL Thanks Industry Supporters
In 2004 NADL launched a new scholarship. The Pillar Scholarship supports technicians who are pursuing their Certified Dental Technician designation. NADL is thankful for the support and financial contributions from American Tooth Industries, Dental Services Group, Glidewell Laboratories, CDL, National Dentex, The Lab 2000 and Zahn. With their generous support, NADL has raised $7,000 so far this year and we are on our way to reaching our goal. In the past two years, 10 scholarships have been awarded.
Financial Terms for DENTSPLY Laboratory Purchase Revealed
In forms filed with the U.S. Securities and Exchange Commission May 8, DENTSPLY announced it bought all outstanding capital stock of Prident International Inc., in China for about $2.7 million.
ìThe purchase agreement provides for an additional earn-out payment based upon the operating performance of the business during the five-year period ending in February 2011. If these financial operating targets are met, this earn-out would be between 4 percent and 8 percent of the cumulative sales for the five years ended February 2011. Prident was primarily operating as an offshore dental laboratory.
The purchase price has been allocated on the basis of preliminary estimates of the fair values of assets acquired and liabilities assumed. The company purchased Prident primarily to provide its U.S. laboratory customers with a broader offering of services in order to provide them with an alternative to current offshore service. In addition to the acquisition of Prident, the Company also acquired a small distributor of implant products in Italy for consideration of 0.5 million Euros (approximately $0.6 million),î the companyís 10-Q form states.
The laboratory in China will only offer finished PFMs, cast crown and bridges and VitalliumÆ partials. The outsourcing service will not include CerconÆ and TrubyteÆ products in completed full or processed partial dentures, DENTSPLY Prosthetics Vice President and General Manager Steve Jenson told JDT in a March interview. The controversial move has resulted in several dental laboratories, including National Dentex, to decline to do business with DENTSPLY. DENTSPLY officials promise the offshore laboratory will only service U.S. dental laboratories that are DENTSPLY customers. The company does not have plans to offer the service directly to dentists, according to Jenson.
Industry Roundup
DENTSPLY International Inc. announced sales and earnings for the quarter that ended March 31. Net sales increased 5.9 percent to $431 million compared to $407 million reported for the first quarter of 2005. Net sales, excluding precious metal content, increased 3.9 percent in the first quarter of 2006, compared to 2005.
3i employees recently celebrated the opening of a new 50,000 square-foot building at the companyís Palm Beach Gardens, Fla., headquarters. The new multipurpose facility accommodates the companyís continuing growth in the dental implant industry, utilizing some of the latest technology available in construction and manufacturing. The new structure houses special order products, ARCHITECH PSRÆ (Patient Specific RestorationsÆ) Operations, professional education materials as well as receiving, raw materials, storage and product distribution. It expands 3i's world class facility to 186,000 square feet.
Zimmer Holdings, Inc. reported financial results for the quarter ended March 31. For the quarter, the company announced net sales of $860 million, an increase of 4 percent reported and 7 percent constant currency.
Nobel Biocare reported a forecast-beating first-quarter profit as an aggressive marketing push in North America and rising European sales boosted earnings. The group reported a net profit of $47 million.
Ada Products Company, Inc., recently announced it has formed a partnership with Direct Dental Service.
Dolphin Imaging & Management Solutions announced that it has entered into a partnership with Dimensional Imaging.
SafeLink is now assisting dental laboratories with the development of their Quality System and Good Manufacturing Practices (QS/GMP) to comply with FDA guidelines. SafeLink also conducts DAMAS internal audits.
DTI Dental Technologies Inc., announced financial results for the year ended Dec. 31. Revenue amounted to $35.3 million, an increase in revenue of 6.7 percent over 2004.
Georgia Dental Laboratory in Tucker, Ga., and Drake Precision Dental Laboratory, CDL, in Charlotte, N.C., passed their DAMAS certification audit. Other DAMAS certified laboratories are: Ahwatukee Dental Laboratory, Precision Ceramics Dental Laboratory, Denticon Dental Laboratory, Aurum Ceramic Dental Labs, Knight Dental Group, Donnell Dental Laboratory, Aurum Ceramic Dental Lab, Aurum Crest Dental Lab, Space Maintainers Lab, Precise Positioners Lab, Aurum Ceramic Services Ltd., Cerum Dental Supplies Ltd., Classic Dental Laboratories, Space Maintainers Ottawa, Class Space Maintainers NE, O Brien Dental Laboratory and Muth and Mumma Dental Laboratory. Laboratories about to become DAMAS certified pending final inspection: Centric Dental Laboratory, Thayer Dental Laboratory, United Dental Laboratories, Dresch Tolson Dental Laboratory and New Image Dental Laboratory.
DentalEZ Group has appointed Rob White to the position of star dental sales representative.
Whip Mix Corp. announced that Teresa Moore has joined the company as a marketing specialist.
TDS/U-Best Technology Inc. proudly announces the appointment of B.F. "Brian" Binnie to vice president, sales and marketing.
Roland Advanced Solutions Division today announced the promotion of David Olson to national sales manager. In his new position, Olson will work to expand Rolandís dealer network and increase sales for cutting, engraving and CAD/CAM products.
Buddy Shafer, Jr., CDT, was awarded the 2006 Dawson Center for the Advancement of Dentistry Passion for Dentistry Award.
Lifecore Biomedical Inc., has named Bob Guyatt as director of sales and brand development for the oral restorative division.
Aurident Inc., has been awarded the prestigious ISO 13485:2003 certification (number FM 01564) for medical devices under the Canadian Medical Devices Conformity Assessment System, CMDCAS.
Excel Dental Studios hosted the first of many advanced educational classes at their new Chatsworth, Calif., facility, sponsored by Jensen Industries Inc. The two-day, hands-on class featured instructor Mitch Unrath demonstrating Willi Geller Creationís new ZI porcelain for Zirconia.
