Showcasing Progress in Sustainability, Safety and Community Impact
FOREST LAKE, MN (April 29, 2025) – Velosity, a leading contract manufacturer serving the medical device and defense industries, has released its inaugural Environmental, Social and Governance (ESG) report, highlighting a year of transformative progress and purpose-driven leadership. The 2024 ESG Report captures the organization’s dedication to environmental responsibility, employee advocacy, ethical governance, and community engagement.
“At Velosity, ESG isn’t just a checklist—it’s how we deliver on our promise to customers and communities,” said Dave Hemink, CEO of Velosity. “Whether we’re supporting the development of life-changing medical devices or advancing mission-critical solutions for the defense industry, our responsibility extends far beyond the manufacturing floor. This report reflects our commitment to doing business the right way—for today and for the future.”
Highlights from the 2024 ESG Report include:
- Sustainable Operations: Velosity reduced electrical usage by nearly 2 kWh per machine runtime and saved an estimated 800,000 gallons of water by upgrading systems. The company also recycled over 100,000 pounds of materials, reflecting a deep commitment to environmental stewardship.
- Cybersecurity Advancements: With zero breaches reported in 2024, Velosity rolled out enhanced security protocols, moved to a secure cloud platform, and improved its Bitsight and SecurityScorecard ratings—demonstrating its leadership in data protection and trust.
- Recognition for Safety Excellence: Velosity earned the Governor’s Safety Award Gold Achievement for workplace safety, reflecting an incident rate better than the 75th percentile. Safety continues to be embedded in every aspect of its operations.
- Community Engagement: Through financial contributions, donations, and volunteer hours, Velosity supported nearly a dozen nonprofit organizations. Programs included student internships, employment pathways, and local school partnerships.
“This is just the beginning,” added Hemink. “As we continue into 2025, we’re taking this momentum forward—expecting more, doing more, and achieving more.”
The full ESG report outlines Velosity’s focus areas, including environmental compliance, inclusive hiring practices, transparent governance and building a culture rooted in servant leadership.
To read Velosity’s full 2024 ESG Report, visit www.velosity.com/esg.
About Velosity
Velosity is dedicated to supporting device manufacturers in delivering innovative and reliable products for the medical and defense industries. We offer comprehensive contract manufacturing, injection molding, precision machining, and tool building for complex and highly regulated applications. Starting with expert guidance at the design-for-manufacturing stage, we ensure seamless production while maintaining the highest quality and safety standards throughout the manufacturing process.
For more information, visit www.velosity.com.
