Timeline

Milestones of the subsidiary Otto Bock USA.

Date Event
1958 Otto Bock Orthopedic Industry is founded in Minneapolis, Minnesota on February 21. Sales for the first fiscal year (ten months) are 169,000 US dollars.
1969 Sales for the year exceed 1 million US dollars for the first time.
1975 Sales for the year exceed 2 million US dollars.
1978 Otto Bock Orthopedic Industry of Canada Ltd. is founded in Winnipeg, Manitoba as a sales company for Otto Bock USA.
1980 Sales for the year reach 4.8 million US dollars.
1981 The cornerstone is laid for the production facility in Winnipeg, Manitoba.
1986 Sales for the year reach 11 million US dollars.
1988 Acquisition of the Swedish support manufacturer Rehband by Otto Bock Minneapolis.
1991 Sales for the year reach 22 million US dollars.
1993 The Winnipeg branch is turned into the subsidiary Otto Bock HealthCare Canada.
1995 Founding of Otto Bock Mexico in Guadalajara.
2001 Founding of Otto Bock HealthCare Andina in Bogotá, Columbia. - Acquisition of Springlite, a manufacturer of carbon foot prosthesis systems. - Otto Bock Minneapolis assumes coordination of activities in Latin America.
2002 Acquisition of Danforth in Winter Park, Florida. – Merger of Springlite and Zero Gravity in Salt Lake City, Utah.
2003 Otto Bock Minneapolis acquires TEC Interface Systems in St. Cloud, Minnesota.
2005 Acquisition of OrthoRehab, a manufacturer of CPM devices with a distribution network covering the USA.
2007 Sales for the year reach 170 million US dollars.




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