Marion, IA – On June 3, 2024, Freund-Vector Corporation, located in Marion IA, officially changed its name to FREUND Inc. This name change represents nothing more than a harmonization within the FREUND Group companies to create a consistent brand image, simplify communication, and streamline operations across the organization.

Since 1972, FREUND Inc. has been a global leader of processing equipment and an important staple in the community for the last 50 years. The equipment processes powders, particles, beads, pellets, tablets, and other solid materials for industries including pharmaceutical, nutraceutical, food, industrial, energy, and many more.

The key to FREUND Inc.’s success and growth has been a commitment to driving innovation, having a customer-centric approach, high-quality customized products/services and a leadership team with a direction that will continue to increase our market position but also create meaningful significance for our customers and employees.  FREUND Inc. regularly contracts local and regional manufacturing resources to serve the global pharmaceutical marketplace, with majority of its US-made products being shipped overseas.

For more information about FREUND Inc. please visit their website: Freund Global.

### 

ABOUT MEDCO: We exist to be an economic development thought leader within Team Marion and to market the competitive advantages of our community for new investment opportunities. Team Marion is made up of representatives of the City of Marion, Marion Economic Development Corp, Marion Chamber of Commerce and Uptown Marion.