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The role of injection moulding in medical device manufacturing - industrial moul

Author:gly    Date: 2024-09-30    

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Pexco designs and fabricates engineered plastic components for the aerospace, defense, medical, and electronics markets. The company provides standard and specialty parts and components to manufacturers and end users for a broad range of custom applications. Pexco is registered to the ISO 9001:2015 quality management standard across its manufacturing operations.

Medical device and life sciences companies have increasingly turned to outsourced manufacturing to support the design and fabrication of their products. The trend is fueled by the requirements for accelerated time to market, cost-effective manufacturing, supply chain flexibility, and additional regulatory and compliance standards. Paul Barrett, Managing Partner of AHP, stated, “We thank David Slick for entrusting our team with his company. We are very excited to partner with Jim Carnall, Stephanie McGee, and the entire Command team. Command has a long and successful operating history, talented team, and blue-chip customer base. We look forward to fortifying the already strong foundation and help reinvesting in the commercial engine to accelerate growth.”

"The acquisition of Precise Aerospace Manufacturing marks a significant milestone in Pexco's strategic growth journey,” said Sam Patel, CEO of Atlanta-based Pexco. “This expansion not only strengthens our capabilities in injection molding and high-performance polymers but also underscores our commitment to enhancing service offerings for aerospace and defense. We look forward to integrating Precise Aerospace Manufacturing's expertise seamlessly into Pexco's operations, further advancing our position as a leader in engineered plastic components."

The company, founded in 1965, will become Pexco’s 13th manufacturing site, with molding machines ranging in size from 40 to 610 tons.

Acquisition strengthens injection molding and high-performance polymer capabilities and underscores commitment to aerospace and defense offerings, said Pexco.

“We are excited to become part of Pexco and are thrilled to join forces to expand the breadth of products and services to each of our customer bases,” said Roxanne Abdi, CEO at Precise Aerospace Manufacturing. “Combining with Pexco enables us to continue building on both companies’ reputations for quality products and service excellence. Our focus on high-performance products and complex engineering are a great cultural fit with Pexco.”

This deal was facilitated and managed by MedWorld Advisors, a leading Middle Market M&A Advisory Firm specialising in MedTech, Med Device Manufacturing, and all things Healthcare based in the United States, with offices and partners around the world.

Command Medical Products, headquartered in Ormond Beach, Florida, and founded in 1987 by David Slick, provides customised clean room manufacturing of single use medical devices leveraging key technologies including: tube extrusion, radio frequency (RF) welding, heat sealing and sterile barrier packaging. Command’s products serve critical end markets including cell & gene therapy, drug delivery, robot-assisted endoscopy, fluid management, and other high growth therapeutic areas. Command operates seven ISO Class 7 cleanrooms across two manufacturing locations in Florida and Central America.

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In a move to bolster its aerospace and defense services, specialty plastics processor Pexco is acquiring Precise Aerospace Manufacturing.

The Company provides contract manufacturing services for the production of single-use disposable medical devices to global medical device original equipment manufacturers (OEMs) and life sciences customers. AHP is honoured to partner with Command and support its next stage of growth.

Jim Carnall commented, “We are proud to partner with AHP. Their investment in our company will allow Command to scale and better serve our customers. I am also thrilled that our entire leadership team will remain at Command while we work together with AHP to build out our next chapter of growth.”

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