GaDova Manufacturing began as MR Medical Solutions in June of 2007 on a handshake between two colleagues who had a vision for developing their own patents that would support medical imaging devices. Additional opportunity soon made its way to them through the locomotive and veterinarian industries, which prompted them to rebrand to GaDova, a name that supported their industry expansions.
Fahad Alradady and Bill Monski, owners, continued to build the strategy for their business as they identified opportunity to become a manufacturing outfit, focused on the global medical imaging market. Their expansion plans included the construction of a new manufacturing facility and purchase of equipment, and they relied on their partnership with Feras Alkhattar at the First Commonwealth Bank Bloomfield office and Adam Huber from our SBA Lending team to make it happen.
“Our banking team looks at everything we do, advises us, and becomes not an obstacle to growth but pushes our growth forward,” said Fahad. “I’ve worked with Feras for 13 years. First Commonwealth understands small businesses better than the big banks. They know the small business mentality, understand what needs to be done, and help us to get there. First Commonwealth is my first choice for banking.”
With their expansion, Fahad and Bill will be positioned to hire up to 20 more employees and do everything from concept design through manufacturing, focused on New Product Development in multiple spaces in the Medical device market with the ability to expand to other markets and products.
“First Commonwealth is not like the big banks where you get lost,” said Bill. “It’s a personal partnership. It’s one-on-one service. You’re not a number. They know a lot about what your business is on a human level and work hard to understand exactly what we’re doing.”