Velosity & ESG

Building an Ethical Future

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We strive to deliver innovation to the contract manufacturing landscape while embracing Environmental, Social, and Governance (ESG) principles. 

Setting the Standard in Manufacturing

Velosity delivers world-class mold building, injection molding, precision machining, and custom contract manufacturing services for the medical device and defense industries. Operating in this highly regulated environment demands agility and compliance. ESG principles are the cornerstone of how we adapt to evolving regulations and customer expectations.

Operations

  • 74,057 pounds of recycled plastics in 2024
  • 32,782 pounds of recycled metal in 2024
  • 72% reduction in cutting oil use, saving approximately ~5,000 gallons
  • 99% of facilities’ light bulbs retrofitted with LED lighting

Employees

  • 34% of all employees are women
  • 12% employee turnover rate compared with the industry average of 20%
  • 30% of promotions in 2024 advanced underrepresented groups

Governance

  • ISO 13485:2016, ISO 9001:2015 and AS9100D certified, and UL recognized
  • ITAR registered
  • IST CSF 2.0 & NIST SP800-171r3 alignment
  • 1.0 TRIR compared with 3.0 industry average

Supply Chain

  • 10+ in Corporate Stewardship Assessment required for suppliers
  • 100% compliance with our Supplier Code of Conduct among top 10 suppliers targeted by 2025
  • ESG practices are emphasized in the supplier approval process

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Supporting Policies

  • Supplier Code of Conduct. We implement ethical and sustainable practices throughout our supply chain.
  • Diversity and Inclusion Policy. Building a workforce that reflects the strength of our diverse world is incredibly important to us.

Our Commitment in Action

At Velosity, we recognize the pivotal role manufacturers play in shaping sustainable practices and advancing environmental responsibility. Our commitment to sustainability permeates every aspect of our operations, from material selection to innovative manufacturing processes.

We champion eco-conscious practices by integrating energy-efficient techniques, waste reduction strategies, and circular economy principles into our operations. These efforts enable us to align with evolving customer expectations, offering eco-friendly solutions, fostering supply chain transparency, and ensuring compliance with regulatory standards.

Sustainability Drives Growth:

  • 130 companies served
  • 1,450 unique part numbers produced annually
  • Over 130 million parts shipped per year

Facility Footprint:

  • Headquarters in Forest Lake, with additional facilities in Brooklyn Park and Becker
  • Total space: 250,000+ square feet, including 17,500 square feet of Class 7 and 8 cleanrooms and 6,000 square feet of white space.

State-of-the-Art Equipment:

  • 86 injection molding machines (Sodick, Plushtech, Nissei, Toshiba, and Arburg)
  • 52 CNC Swiss Machines and CNC Turning Centers
  • 28 wire and sinker EDM machines
  • 44 CNC machining centers, including 10 high-precision Yasda machines

Our high utilization rates make implementing sustainable practices essential, further driving our focus on environmental stewardship.

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ESG Focus Areas:

1. Regulatory Compliance and Liability Risk

  • Environmental compliance
  • Employee health and safety
  • Cybersecurity and data security
  • Labor practices and business ethics

2. Operational Excellence and Continual Improvement

  • Waste, water, and energy reduction
  • Global supply chain management
  • New product development with a design-for-environment approach

3. Employee Recruitment and Retention

  • Fostering employee engagement and reducing turnover
  • Advancing diversity, equity, and inclusion

At Velosity, we are more than manufacturers—we are leaders in driving sustainable innovation, operational excellence, and ethical business practices. Our commitment to environmental, social, and governance (ESG) principles ensures that sustainability remains a core pillar of our operations, meeting the needs of today while building a better future.

Partner with Velosity for a Sustainable Future!

We view ESG as more than just a set of principles—it’s a way of doing business. With nearly 650 expert engineers and technicians, we’re equipped to deliver innovative, sustainable, and ethical solutions that empower our partners, stakeholders, and communities.

Contact us today to learn how Velosity can help you achieve your manufacturing and sustainability goals.