Technimark strengthens its leadership in the Healthcare market with the expansion of three facilities opening new Class 8 Clean Rooms.
Juarez, Mexico – Class 8, 4,000 sq feet clean room for assembly and kitting
El Paso, Texas – Class 8, 10,000 sq feet clean room for molding and assembly
Latrobe, Pennsylvania – Class 8, 10,000 sq feet clean room and 93,000 sq feet expansion of manufacturing, molding and value-added workspace
Technimark is proud to partner with the global leaders in medical submarkets and the largest medical OEMs in the world. Technimark’s comprehensive approach includes ISO-certified clean and white room environments, GMP Healthcare compliance, IQ/OQ/PQ validation protocols and an experienced, multidisciplinary team of healthcare product manufacturing experts in each region. Technimark partners together with customers to create advanced technology-based solutions – spinning cube, high-cavitation, multi-shot, in-mold assembly and decoration, and post process manual, semi-automated and fully – automated assembly and decoration – that meet the stringent demands and regulations of the healthcare market.
“The expanded spaces will provide open capacity to continue to grow our partnerships with key strategic customers worldwide,” said John Rugari, Vice President, Healthcare Sales. “The three new Class 8 Clean Rooms will be finished and production ready by April 1, 2018.”
In addition to added physical space, these expansions will further cement Technimark’s commitment to the local El Paso, Latrobe and Juarez communities by creating 250 new jobs in these markets.
Global plastic injection molding leader doubling size of medical manufacturing facility in Longford, Ireland
LONGFORD, IRELAND, (December 2, 2022) – Technimark, a global manufacturing leader for the medicalmarket, announced today that it had expanded its operations in Longford, Ireland, with a 50,000-square-foot addition, doubling the size of its existing plant. Technimark will be investing €26 million to expand the facility’s capacity in medical manufacturing, including precision injection molding, value-added assembly, finished device assembly and contract manufacturing.
“A key component in our organic growth strategy is ensuring we have state-of-the-art cleanroom facilities and open capacity to support our customers’ current and future manufacturing needs,” said Kris Peavy, chief commercial officer and president of healthcare. “Our many expansions around the globe underpin that strategy.”
In addition to Ireland’s expansion, Technimark recently acquired a 204,000-square-foot medical facility adjacent to its U.S. headquarters and has major expansions underway at facilities in the United Kingdom, Germany and China to support growth in the medical market.
According to Peavy, the company currently serves customers worldwide from 13 manufacturing facilities across North America, Europe and Asia. “We’ve seen tremendous growth in our medical business globally, and our robust pipeline of new contracts from our strategic customers and prospects is driving the need for expansions,” Peavy said.
“Technimark is committed to growing our business in Ireland and we are extremely excited to have this new space available for our global medical customer base,”said Brad Wellington, chief executive officer. “Ireland is seeing pronounced growth in the MedTech market, and our facility is ideally located to serve our customers in the region.”
The new expansion will also include Technimark’s first European Innovation Center. The center will incorporate office space to house designers and engineers as well as a complete production lab to perform prototype manufacturing.
About Technimark
Technimark is a global manufacturing solutions provider for the healthcare, consumer packaging and specialty industrial markets. Technimark specializes in precision injection molding, value-added assembly and contract manufacturing. Technimark provides clients with customized, end-to-end solutions based on technology and innovation that improve quality, reduce risk, lower costs and speed products to market. With facilities in the United States, Mexico, Germany, Ireland, the United Kingdom and China, Technimark delivers high-quality products worldwide. As part of Technimark’s commitment to sustainable and responsible business practices, the company has embedded the Ten Principles of the United Nations Global Compact into strategies and operations, and committed to respecting human and labor rights, safeguarding the environment, and working against corruption in all its forms. For more information, visit technimark.com.
Global plastic injection molding leader expanding medical manufacturing facilities in Asheboro, N.C. with acquisition of adjacent property to existing campus
ASHEBORO, N.C., (May 2, 2022) – Technimark, a global manufacturing provider for the healthcare, consumer packaging and specialty industrial markets, announced today that it will expand its operations in Asheboro, N.C., with the acquisition of a 204,000-square-foot medical facility. The space, equipped with Class 7 and Class 8 clean rooms, will specialize in medical manufacturing, including precision injection molding, value-added assembly, finished device assembly, contract manufacturing, and logistics operations.
Technimark is committed to expanding cleanroom facilities worldwide that satisfy its global customer base’s specific needs and requirements. This acquisition allows Technimark to expand its healthcare manufacturing footprint on its global headquarters campus. The new Asheboro facility brings Technimark’s global headquarters campus to 1.4 million square feet.
“We’re excited to significantly expand our medical manufacturing operations at our global headquarters in Asheboro, North Carolina,” said Kris Peavy, CCO & President of Healthcare. “Creating open capacity to meet our customers’ future manufacturing needs is a pillar of our organic growth strategy.”
More growth news is on the horizon in 2022 and 2023 for Technimark, including major expansions underway at Technimark facilities in Mexicali, Mexico, United Kingdom, Ireland, Germany, and China to support growth in all our core markets.
About Technimark
Technimark is a global manufacturing solutions provider for the healthcare, consumer packaging and specialty industrial markets. Technimark specializes in precision injection molding, value-added assembly and full supply chain services. Technimark provides clients with customized, end-to-end solutions based on technology and innovation that improve quality, reduce risk, lower costs and speed products to market. With facilities in the Ireland, United Kingdom, United States, Mexico, China and Germany, Technimark delivers high-quality products worldwide. As part of Technimark’s commitment to sustainable and responsible business practices, the company has embedded the Ten Principles of the United Nations Global Compact into strategies and operations, and committed to respecting human and labor rights, safeguarding the environment, and working against corruption in all its forms. For more information, visit technimark.com.
Global plastic injection molding leader adds facilities in Ireland and the Czech Republic
ASHEBORO, N.C., (July 14, 2020) – Technimark, a global manufacturer of custom rigid plastic packaging and components, announced today it has acquired Tool & Plastic Industries Ltd., a leading supplier of injection molded products for the medical device, pharmaceutical and consumer product sectors. The company is headquartered in Longford, Ireland, with an additional facility in Ostrava, Czech Republic. Financial terms of the transaction were not disclosed. Technimark is backed by Pritzker Private Capital.
Tool & Plastic, in
operation for 52 years and led by owners Colm Cuffe and Declan O’Rourke, specializes
in offering competitive and innovative contract GMP Cleanroom molding and
assembly solutions. The company operates from a number of ISO Class 8 Cleanroom
environments in its facility in Ireland and from an IATF 16949 compliant
facility in the Czech Republic. Tool & Plastic has continually invested in
state-of-the-art technology, allowing for high-quality manufacturing services
and a longstanding reputation for excellence.
The combination of Tool
& Plastic and Technimark enhances Technimark’s healthcare manufacturing
expertise, as well as its global footprint. The combined company will have 13
facilities and over 4,400 employees worldwide.
“We are excited to partner
with Technimark,” commented Mr. Cuffe. “Tool & Plastic and Technimark share
a common culture for technical excellence, safety, innovation and customer
partnership, and we look forward to building lasting value together.”
Mr. O’Rourke
added “The acquisition by Technimark represents a strategic fit for the
business in Ireland and the Czech Republic, and we look forward to developing and
growing the business on the solid foundation already in place.”
“Tool & Plastic’s
leadership in its core healthcare markets, combined with Technimark’s
manufacturing expertise, healthcare customer relationships, and scale create a
market leader with significant opportunities for future growth,” said Brad
Wellington, CEO of Technimark. “Tool & Plastic will help us deliver even
more value to our customers, and we are excited to welcome them to the
Technimark family.”
Thomas Chadwick, vice president
at Pritzker Private Capital, added, “This acquisition represents an important
growth opportunity for Technimark and adds two state-of-the-art facilities in
key geographies that will help accelerate growth of the combined business. We
look forward to a successful partnership ahead.”
“By
enhancing our ability to serve customers across Western and Eastern Europe,
these acquisitions bolster our long-term growth strategy in the global
healthcare market,” Mr. Wellington said. “Technimark is well-positioned to help our clients apply advanced
and innovative technology-based solutions from design and engineering through
production, including assembly and packaging of the final product.”
About Technimark
Technimark is a leading,
global provider of custom rigid plastic packaging and components.
Family-founded and led for more than 30 years, Technimark has provided
customers with customized, end-to-end solutions based on technology and
innovation. With facilities in the United Kingdom, United States, Mexico, China
and Germany, Technimark delivers high quality products on a global basis for
healthcare, consumer packaged goods and specialty industrial customers. For
more information, visit technimark.com.
About Tool &
Plastic Industries, Ltd.
Founded in 1968 and
headquartered in Longford, Ireland, Tool & Plastic Industries is a leading
supplier of precision injection molded plastic components to the global medical
device, pharmaceutical and consumer product sectors. Operating out of
facilities in Ireland and the Czech Republic, the Company serves an
international blue-chip customer base, including leading OEM’s in its sectors
of service. Tool & Plastic is ISO 13485-certified and operates from a
number of ISO Class 8 Cleanroom environments. For more information, visit toolandplastic.com.
About Pritzker Private
Capital
Pritzker
Private Capital partners with middle-market companies based in North America
with leading positions in the manufactured products, services and healthcare
sectors. The firm’s differentiated, long-duration capital base allows for
efficient decision-making, broad flexibility with transaction structure and
investment horizon, and alignment with all stakeholders. Pritzker Private
Capital builds businesses for the long term and is an ideal partner for
entrepreneur and family owned companies. For more information, visit ppcpartners.com.
Donald F. Wellington Innovation Center Highlights a Year of Major Advancements
Technimark senior executives (l. to r.) David Gau, Operating Partner – Manufactured Products, Pritzker Group; Don Wellington, Executive Chairman, Technimark and Brad Wellington, President & CEO officially opened its new state-of-the-art innovation center at the company’s Asheboro, N.C. campus.
Asheboro, N.C. (Date) – Technimark, a global leader in the design and manufacturing of high-value injection-molded packaging and components serving the consumer packaging, healthcare and industrial markets, announced the opening of its new Donald F. Wellington Innovation Center at the company’s Asheboro, N.C. campus.
The state-of-the art facility is named for Technimark founder Donald F. Wellington who in 1983 started the company that has grown into one of the world’s largest independent injection molders. Technimark is a member of Pritzker Group, which owns and operates market-leading companies in the manufactured products, services and healthcare sectors.
The nearly 30,000 sq. ft. Innovation Center includes a complete production lab to perform prototype manufacturing of new products along with customer offices and meeting rooms, a board room and other workspaces.
“Devised and built to consolidate Technimark’s design and engineering staff from across the company, the Innovation Center embodies everything we’ve learned from 32 years of developing innovative solutions,” said Kevin Hedspeth, senior vice president of Global Technology & Development. “It will ultimately house 50-plus designers, process and automation engineers and materials development experts to serve our clients’ expanding needs.” Mr. Hedspeth noted that Technimark will continue to retain regional designers throughout its 11 locations worldwide.
In addition to a unique building design that encourages collaboration at every level, Mr. Hedspeth said the Innovation Center includes full video and web conferencing; an array of cameras in the manufacturing area so customers remotely can watch their product as it’s made; and 3D-printing capabilities for rapid development of prototype tools and parts.
“What really distinguishes the Innovation Center is that Technimark has combined our design and engineering capabilities with on-site prototype manufacturing,” said Mr. Hedspeth. “That means we can help our customers envision how they want their packaging to look and function and then follow that process through to completion in front of their eyes.”
According to Mr. Hedspeth, Technimark believes that true innovation requires the combination of cutting-edge technologies and industry-leading manufacturing expertise.
“The Innovation Center allows our customers to work directly with our designers and engineers and literally see the product created right then and there so they can quickly respond to a changing marketplace,” Mr. Hedspeth said.
In essence, Technimark is providing its customers with a “one-stop shop” that empowers them to move from concept to completion quickly and successfully enabling quick response in an ever changing marketplace”, he said.
According to Don Wellington, chairman and founder of Technimark, the company’s sterling reputation in the industry “was built not only on reliability and speed-to-market, but also on our use of technology and ingenuity. That has allowed Technimark to lower costs, increase value and deliver ground-breaking products and category-shaping packaging that take differentiation to a whole new level.”
“I’m honored and proud to say that this amazing Innovation Center is the next step in the evolution of our commitment to customers,” Mr. Wellington said.
Over the last year, Technimark acquired Ci Medical Technologies, a top-tier manufacturer of injection-molded components, assemblies and devices used in the medical, pharmaceutical and consumer healthcare markets. The company also established a new commercial division, Technimark Healthcare, which focuses exclusively on servicing health care and medical customers.
“The Donald F. Wellington Innovation Center will help us continue to expand our capabilities, enhance our culture of continuous innovation, and stay on top of our clients’ current and future needs,” said Technimark CEO and President Brad Wellington. “For the last 30-plus years, we’ve never lost sight that our success depends on our customers’ success,” he said. “In short, it’s what we’re all about.”
Technimark, a Pritzker Group Private Capital company, is a leading global provider of custom rigid plastic packaging and components. For more than 30 years, from its headquarters in Asheboro, N.C., and from facilities on three continents, Technimark has provided customers with customized, end-to-end solutions based on technology and innovation. Technimark delivers high-quality products on a global basis for consumer packaged goods, healthcare and specialty industrial customers. For more information, go to www.Technimark.com.
Access to Increased Resources and Technology Appeals to Customers
Asheboro, N.C. — With its recent acquisition of Ci Medical Technologies, Technimark, a global manufacturer of custom rigid plastic packaging and components, launched a separate medical division, Technimark Healthcare.
“The new division expands Technimark’s decade-old healthcare business by combining our global footprint, technical capabilities and financial resources with Ci Medical’s blue-chip customer base,” said Kris Peavy, senior vice president of sales and marketing for Technimark. “We were especially excited to add Ci Medical’s extensive experience in the healthcare market, including product development, scientific molding, contract manufacturing, assembly, packaging and logistics.”
Technimark serves customers worldwide from its 11 manufacturing facilities across North America, Europe and Asia. Mr. Peavy noted the company has prepared for rapid growth in its healthcare business over the past 18 months by doubling the size of its facilities in Germany and China as well as building new state-of-the-art facilities in Mexico and Asheboro, N.C. Operations at Technimark Healthcare facilities meet applicable ANSI and ISO standards and FDA regulations for the manufacture of medical products, including insulin pumps, surgical tools and other specialized devices.
“Since the acquisition six months ago, we’ve built a dedicated healthcare team that’s already providing added value to our customers by combining the individual strengths of Technimark and Ci Medical,” said Mr. Peavy.
The reception from both current and prospective customers has been universally positive, Mr. Peavy said, noting that client retention has been 100 percent. “Over its many years in business, Ci Medical built an enviable track record of success,” he said. “When we first began to explore the possibility of joining forces to build on that success, both organizations recognized immediately what a remarkable fit this would be.
“Combining what Technimark brought to the table – access to capital, global resources and technological know-how – with Ci Medical’s expertise and client roster, we knew Technimark Healthcare would be a new Tier One health products and packaging company in the industry,” Mr. Peavy said. “Our customers see those opportunities, and they’re ready to grow with us.”
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Ci Medical was founded in Pennsylvania in 1971 as Classic Industries, Inc. As the company grew, it specialized in injection-molded components for medical, pharmaceutical and healthcare applications worldwide. Technimark is a world-class, custom injection molder for the world’s most admired companies and respected brands in the healthcare, consumer packaging and industrial markets. Established more than 40 years ago, Technimark is one of the top 10 molders in North America with nearly 3,300 employees. For more information, visit Technimark.com.
Silao Manufacturing Operation Part of Company’s Global Expansion; Plant Will Support Latin American Business Growth
Silao, Guanajuato, Mexico, Oct. 6, 2014 – Technimark, a leading global injection molder and producer of custom rigid packaging and highly technical durable components, today celebrated the grand opening of its newest manufacturing facility in Silao, Mexico.
Technimark has made an initial investment of more than $5 million in the new 93,000-square-foot facility, its third in Mexico. As its business grows, Technimark plans to nearly double the size of the plant to 160,000 square feet and eventually employ more than 250 people. The Silao plant will house state-of-the-art injection molding, automation and decoration equipment to enable high-volume production of innovative primary packaging solutions.
Founded in 1983, Technimark is a global leader serving a number of the world’s most respected companies and brands in the packaging, healthcare and select industrial markets.The company provides end-to-end services ranging from packaging design and material selection to injection molding and decoration through global product distribution.
With headquarters in Asheboro, N.C., the company operates a total of six global manufacturing sites in the United States, Mexico, Germany and China. The company’s other Mexican plants are located in Mexicali and Reynosa.
“The key to Technimark’s success over the years has been our relentless focus on product innovation, technical excellence and exceptional service,” said Kris Peavy, senior vice president of sales and marketing.
Technimark is hosting a two-day grand opening celebration Oct. 1 and 2 for local dignitaries, government leaders, customers and employees. The Governor of the State of Guanajuato, Miguel Márquez Márquez, participated in the dedication ceremony.
“Our new facility here in Silao is part of Technimark’s overall global growth strategy,” said Mr. Peavy. “Our business continues to grow in the emerging markets, especially Latin America, and we are committed to bringing our market-leading services and technology closer to our customers to ensure we can continue to serve them as effectively and efficiently as possible.”
In addition to the new plant in Mexico, Technimark is also expanding its operations in Germany, at its headquarters in North Carolina and in Suzhou, China.
“Our clients rely on Technimark for innovation and for technical expertise, and we are excited to expand our footprint in Mexico and further leverage our advanced technical capabilities with our Latin American customer base,” said Brad Wellington, CEO and president of Technimark.
“Our existing facilities in Mexico have done an outstanding job executing our technology strategy, and we look forward to growing our business in Silao with the region’s well-educated and skilled work force, solid infrastructure and welcoming community,” Mr. Wellington added.
For more information about Technimark, visit the company’s website at Technimark.com.
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About Technimark
Technimark is a global manufacturer of high-value injection-molded components for the consumer packaging and select consumer nondurable end markets. Founded in 1983 and headquartered in Asheboro, NC, the company has become one of the largest independent custom injection molders in North America. Technimark boasts a broad customer base that comprises some of the world’s largest and most successful brands.
To stay ahead of growing demand in Asia, Technimark is doubling the size of the facility in Suzhou, China.
The yearlong project will double the current manufacturing capacity and add enough space to accommodate more than two dozen new injection molding manufacturing cells.
A key aspect of the expansion is the creation of an ISO class 8 clean room environment that will conform to ISO 14644-1 air cleanliness standards. New program awards and strategic medical customer requirements for advanced technology have necessitated the initial expansion of Technimark’s Suzhou facility. This will enable us to produce and distribute a wide range of custom medical device and consumer healthcare-related products throughout Asian markets.
Thinking even further ahead, plans are already in place to double the cleanroom capacity as demand warrants. Technimark also has the ability to further expand the footprint at the Suzhou facility to continue to meet the needs of this rapidly growing market well into the next decade.
To satisfy a burgeoning customer base and to build for the future, Technimark is preparing to double the manufacturing capacity of the existing Aachen, Germany plant.
With this expansion, the Aachen facility will bring some of the latest injection-molding technologies directly to the European market and foster the kind of seamless global technology transfer that Technimark customers increasingly demand.
This ambitious project also completes a transformation that began in 2004, when Technimark first purchased what was at the time a textile manufacturing plant. Over the years, we’ve worked to re-create Aachen as a modern injection molding facility; 2014 will mark the official relocation of all textile operations and a complete focus on our core competency: consumer packaging.
