Brian Hanley Named President of Applied Plastics

Applied Plastics, has recruited Brian Hanley to join the company as president. CEO Tom Barrett will continue in his role through the end of the year and will work closely with Hanley during his transition into the business.

“Brian brings the right experience to Applied Plastics,” Barrett said. “He has spent more than two decades building and scaling medtech businesses, and he understands both the engineering and the commercial sides of this work. I’ll continue as CEO through the end of 2026, and I’ll remain involved with the business through my role as an operating partner at Vance Street Capital.”

The company’s PTFE Natural Family of Coating Solutions is used as a critical manufacturing aid and as a functional coating across complex delivery systems and guidewire applications, on components including guidewires, pull wires, mandrels, and hypotubes. Operating from two facilities in Norwood, Mass., Applied Plastics serves OEMs and contract manufacturers worldwide.

“Under Tom’s leadership, Applied Plastics has grown into a trusted PTFE coating partner to the medtech industry,” Vance Street Capital Managing Partner Mike Janish commented. “We are grateful for all he has contributed and glad he will remain involved with the business. Brian’s track record in medtech commercialization and operations makes him a valuable addition as the company builds on that success, and we look forward to supporting him and the team in the years ahead.”

Hanley joins Applied Plastics from Resonetics, where he was vice president of the Lightspeed Lab. He brings more than two decades of medtech experience in interventional and advanced surgical device markets. His background spans product development, operations, quality, and commercialization for Class I, II, and III devices across original equipment manufacturers (OEMs), growth-stage companies, and contract development and manufacturing organizations, including senior leadership roles overseeing R&D and operations.

Hanley earned a bachelor of science degree in mechanical engineering and an MBA from Northeastern University.

“Applied Plastics has built a strong reputation around its PTFE Natural coating platform and the engineers who depend on it, and I’m looking forward to building on that,” Hanley stated. “I want to thank Tom for his support as I join the team. My focus will be on serving our customers with the product performance, quality, and responsiveness they have come to rely on.”

Applied Plastics is a PTFE coating partner to the medtech industry, supporting customers from concept to commercialization with products and solutions. The PTFE Natural Family of Coating Solutions delivers application-specific, engineered coatings for demanding catheter applications. Whether for core or pull wires, mandrels, or hypotubes, customers can select a coating solution that matches their design requirements. Applied’s online store provides quick, easy access to inventory for R&D and process development, with in-stock product shipping within 24 hours.

Vance Street Capital is a middle-market private equity firm focused on investing in highly engineered solutions businesses across the medical, life science, industrial technology, and aerospace sectors. Vance Street collaborates with management teams and family owners to drive revenue growth, enhance operational efficiency, and acquire strategic assets for companies within its investment portfolio.