Technimark’s Mexicali Facility is Fourth to Earn MedAccred™ Certification

MEXICALI, MEXICO, (August 15, 2024) – Technimark, a global manufacturing leader for the medical market, announced today that their facility in Mexicali, Mexico is now MedAccred Certified in Plastics by the Performance Review Institute (PRI). Providing rigorous qualification for medical devices, the Performance Review Institute offers MedAccred certification through industry managed and approved standards to ensure critical manufacturing quality for medical devices. 

Bolstered by increased investment in additional cleanrooms and increasing the size of the facility, Mexicali marks the fourth plant that is MedAccred certified following our facilities in El Paso, Texas, Latrobe, Pennsylvania, and Longford, Ireland. Adding another MedAccred certified location to demonstrates Technimark’s commitment to standards developed by medical device OEMs, contract manufacturers, and suppliers. The MedAccred certification evaluates five distinct areas of focus including:

  • Consistent and standardized process 
  • Subject matter experts on-site
  • Greater supply chain visibility
  • Ensuring the easy transfer of knowledge to sub-tier suppliers
  • Applying industry-accepted and consistent technical requirements to production

In addition to the certification of the facility in Mexicali, Technimark is seeking further accreditation of two other locations by 2025. 

“Obtaining MedAccred and other industry certifications are essential to demonstrate our commitment to excellence,” stated Kris Peavy, Chief Commercial Officer, and President of Healthcare at Technimark. “We want our customers to know our commitment is to the highest manufacturing standards in the industry.”

Achieving these rigorous standards throughout a thorough and complex audit process demonstrates Technimark’s commitment to the continued improvement and enhancement of medical manufacturing. By adhering to the highest manufacturing standards throughout our global facilities, we provide quality and performance assurances for customers and consumers across the world. 

About Technimark

Technimark is a global manufacturing solutions provider for the healthcare, consumer packaging, and specialty industrial market. 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 United States, Mexico, United Kingdom, Ireland, Germany, and China, Technimark delivers high-quality products worldwide. For more information, visit technimark.com.

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Technimark Debuts Ambitious 2030 Goals in Newly Released Sustainability Brief

ASHEBORO, NC – JUNE 4, 2024 – Technimark, a global leader in plastic injection molding for healthcare, packaging, and specialty industrial markets, announced today the release of its 2023 Sustainability Brief, unveiling ambitious 2030 sustainability goals and detailing performance across three core pillars of People, Planet, and Product.

“Fostering a workplace where every employee can thrive, minimizing our environmental footprint, and delivering innovative products that responsibly provide value has always been fundamental to our business and growth,” said Brad Wellington, Technimark President and CEO.  “Over the past year, we challenged ourselves to accelerate the positive impact we have on the issues that matter most to our stakeholders. Our 2030 goals now serve as our North Star, guiding us forward with focus and commitment.”

The 2023 Sustainability Brief debuts Technimark’s 2030 vision and outlines a comprehensive sustainability strategy. The strategy is informed by an in-depth materiality assessment and aimed at reducing the leading global manufacturer’s climate impact, zeroing out waste to landfill, fostering a diverse and inclusive culture, and advancing sustainability and circularity across the plastics value chain. Additionally, the brief provides a disclosure of performance in alignment with the Sustainability Accounting Standards Board (SASB) transparently highlighting Technimark’s 2023 progress in preparation for expanded reporting against its new goals in the future. Highlights of the brief include:

  • Setting a 2030 target to reduce Scope 1 and 2 greenhouse gas emissions by 42% compared to a 2021 baseline, in line with limiting global warming to 1.5° C
  • Reducing Scope 1 and 2 market-based emissions by over 24% since 2021
  • Diverting more than 85% of waste from landfill or incineration at the majority of Technimark locations
  • Decreasing water consumption more than 12 percent from 2022 to 2023
  • 98 percent of purchased wood fiber from certified sustainable sources
  • A 2023 EcoVadis silver medal, highlighting the company’s sustainability performance within the top 9% of all rated companies and the top 5% within its industry

“Technimark embraces sustainability as a cornerstone of our business model. This brief highlights our strengths and successes but also where we can improve in our efforts to build a more sustainable future,” says Katie Distler, Technimark’s Corporate Vice President, ESG. “At Technimark, sustainability is on all of us. We measure and report on the impact of our initiatives so that everyone knows the difference we’re making — and where we need to work harder. Continuous improvement, innovation, and passion are in our DNA.”  

The 2023 Sustainability Brief is available at https://www.technimark.com/documents/technimark-sustainability/ and references relevant sector standards from SASB, the Global Reporting Initiative, and the United Nations Global Compact.

About Technimark

Technimark is a global manufacturing solutions provider for the healthcare, consumer packaging, and specialty industrial market. 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 United States, Mexico, United Kingdom, Ireland, Germany, and China, Technimark delivers high-quality products worldwide. For more information, visit technimark.com.

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Technimark Earns MedAccred Certification for El Paso Facility

Company currently pursuing new industry standard MedAccred certification for its other medical device facilities worldwide

ASHEBORO, N.C. (Jul, 6, 2021) – Technimark announced today that its production facility in El Paso, Texas, received its MedAccred certification from the Performance Review Institute. The facility, which is also ISO 13485:2016 certified and 21 CFR 820 compliant, specializes in medical contract manufacturing, including services such as custom injection molding, assembly and logistics operations for the medical device industry.

“Patient safety and quality are our highest priorities, and we are excited to partner with MedAccred to ensure our critical processes are best-in-class,” said Kris Peavy, president of Technimark’s Healthcare division. “The significant growth of our medical device business around the world, and specifically in our El Paso facility, made MedAccred certification a perfect fit. The accreditation helps us further demonstrate our expertise as a trustworthy and high-quality supplier in the medical device industry.  We’re currently pursuing accreditation at all of our medical facilities, and we expect them to be certified in the near future.”

The MedAccred certification program was developed by the Performance Review Institute, a non-for-profit organization that facilitates collaborative supply chain oversight programs, quality management systems approvals and professional development activities in industries that rely on high-quality, high-safety protocols. MedAccred is managed by the medical device OEMs, contract manufacturers and suppliers who collaborate to provide the sector with a trustworthy, evidence-based tool to ensure the suppliers’ processes and products meet the highest standards and improve product quality.

“Technimark is clearly committed to quality and improving patient safety by meeting the rigorous requirements set by technical experts in the medical device industry,” said Connie Conboy, director, MedAccred. “Technimark is a true leader in the medical device industry as demonstrated by their MedAccred Accreditation for Plastics Injection Molding at their El Paso, Texas facility.”

In describing the MedAccred certification process, the Performance Review Institute notes that preventing output deficiencies requires that critical processes and products be validated during manufacturing to prove that they are fit for purpose, satisfy regulatory requirements and reduce overall risk. The MedAccred certification does just this by:

  • Providing consistent, standardized critical process accreditation accepted by the Medical Device Industry resulting in fewer redundant onsite audits by multiple OEMs
  • Having Subject Matter Experts conduct in-depth critical process audits that are compliant and consistent with accepted industry/technical standards
  • Providing greater visibility of the supply chain to all levels and sub-tiers that provide critical processes, consistent with regulatory requirements (e.g., FDA, ISO 13485, MDD/MDR, etc.)
  • Improving the flow down of OEM requirements to sub-tier suppliers
  • Applying medical device industry-accepted and consistent technical requirements that yield process discipline, greater operational efficiency and continuous improvement resulting in higher quality and lower overall cost

Mr. Peavy explained that the audit is very thorough and drills into each individual process under review. “While MedAccred certification requires an ISO-certified quality management system, the process is not simply a QMS audit. Rather, it focuses on the key elements of the manufacturing process itself,” he said.

Audits are conducted by industry-approved and trained SME auditors on behalf of its subscribing OEM members using collaboratively created audit criteria. The accreditation is granted and accepted by the program’s subscribing OEM members. The audit criteria incorporate industry-accepted performance standards and manufacturer specifications that meet regulatory requirements.

“On behalf of Technimark and our clients, I want to thank the entire El Paso team for leading the way on this notable achievement,” Mr. Peavy said.


About Technimark

Technimark is a global manufacturing solutions provider for the healthcare, consumer packaging and specialty industrial market. 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 United States, Mexico, United Kingdom, Ireland, Germany and China, Technimark delivers high-quality products worldwide. For more information, visit technimark.com.

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Oak Hill Capital Acquires Majority Stake in Technimark Holdings LLC

NEW YORK, June 7, 2021 – Oak Hill Capital (“Oak Hill”), a New York-based middle-market private equity firm, announced that it had agreed to acquire a controlling stake in Technimark Holdings LLC (“Technimark” or “the Company”) through Oak Hill’s fifth institutional fund, forming a partnership with current investors, Pritzker Private Capital (“PPC”) and management. The terms of the transaction were not disclosed.

Headquartered in Asheboro, North Carolina, Technimark is a leading designer and manufacturer of custom, highly-engineered injection molded components, which it sells to a group of global healthcare, consumer and specialty industrial customers. “We have a great deal of respect for what Technimark has accomplished, including its strong track-record of delivering industry leading quality and service to its customers,” said Brian Cherry, Managing Partner at Oak Hill. “We are delighted to partner with Technimark’s world class management team.”

“Technimark is a fantastic business with industry leading engineering and innovation capabilities and a very impressive list of global customers,” said John Rachwalski, a Partner at Oak Hill. “Thanks to strong leadership and smart, well-executed investments, Technimark is distinctively positioned to capitalize on the trends in its core target markets. We look forward to supporting the Company’s exciting growth agenda over the course of our partnership.”

The management team of Technimark, led by Chief Executive Officer Brad Wellington, will continue to lead the Company and retain a meaningful ownership stake. “Oak Hill is a firm that shares our collaborative culture and our growth vision for the business. We look forward to a successful partnership as we continue investing in Technimark’s manufacturing and innovation capabilities to drive best-in-class results for our customers,” said Wellington.

William Blair & Company served as financial advisor to Oak Hill on the transaction and Goldman Sachs & Co and Wells Fargo Securities, LLC acted as financial advisor to Technimark. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal advisor to Oak Hill and Kirkland & Ellis LLP is serving as legal counsel to Technimark and PPC.

The transaction is expected to close in the third quarter of 2021 and represents the ninth investment in the Oak Hill Capital Partners V portfolio.

About Technimark Holdings LLC

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 United Kingdom, United States, Mexico, China and Germany, Technimark delivers high-quality products worldwide. For more information, visit www.technimark.com.

About Oak Hill Capital

Oak Hill Capital is a private equity firm managing funds with over $16 billion of initial capital commitments and co-investments since inception. Over the past 35 years, Oak Hill Capital and its predecessors have invested in approximately 100 private equity transactions across broad segments of the U.S. and global economies. Oak Hill Capital applies an industry-focused, theme-based approach to investing in the following sectors: Industrials, Services, Media & Communications, and Consumer. Oak Hill works actively in partnership with management to implement strategic and operational initiatives to create franchise value. For more information, please visit: www.oakhill.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. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit www.PPCPartners.com.

Media Contacts:
Dawn Dover / Emma Cloyd
Kekst CNC
917-349-5621 / 646-629-1191
dawn.dover@kekstcnc.com / emma.cloyd@kekstcnc.com

SOURCE Oak Hill Capital Partners

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Technimark Will Manufacture and Package Innovative Nasal Swabs to Support Medical Community

Company partners with Rhinostics and P&G subsidiary iMFLUX to help increase access to advanced testing tools for COVID-19, influenza and other diseases

ASHEBORO, N.C. (April 26, 2021) – Technimark has partnered with Rhinostics and a P&G subsidiary, iMFLUX, to produce, package and distribute individually packaged medical-grade polypropylene nasal swabs to help healthcare professionals and researchers detect and diagnose potential infections such as COVID-19.

iMFLUX developed a novel fully injection-molded polypropylene nasal swab that P&G licensed to Rhinostics to bring to the clinical laboratory market. The novel swab allows for easy collection from the front of the nose and provides sample concentration of up to 30-fold over other swabs in viral transport media.

“Technimark is honored to join with other global leaders in healthcare innovation to address the increasing need for devices that can safely and accurately detect dangerous infections more quickly,” said Kris Peavy, president of Technimark’s Healthcare division. “Production of the medical-grade polypropylene nasal swabs will begin in April at Technimark’s headquarters in Asheboro. The swabs will be injection molded and packaged in an ISO Class 8 Cleanroom then sterilized prior to distribution.”

“We are proud to partner with Technimark, iMFLUX and P&G to bring new collection devices like the P&G nasal swab to clinical laboratory workflow,” said Cheri Walker, chief executive officer of Rhinostics. “Not only does the nasal swab production help to relieve supply chain bottlenecks, the new design and polypropylene materials allows for comfortable collection and sample concentration due to dry shipment and improved release of viral particles.”

Rhinostics plans to register the P&G polypropylene nasal swab as a Class I exempt medical device and will pursue Emergency Use Authorization for home collection with rPT-PCR testing, the gold standard for detection of SARS-CoV-2 infection.

“We are proud to see the P&G-developed nasal swab come to market through the efforts of Rhinostics and Technimark,” said Mary Wagner, senior vice president at P&G and CEO of iMFLUX. “When we began this program, our intention was simply to help relieve bottlenecks in COVID-19 swab supply and bring a novel collection device to bear on the problem.”

About Technimark

Technimark is a global manufacturing solutions provider for the healthcare, consumer packaging and specialty industrial market. 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 United States, Mexico, United Kingdom, Ireland, Germany and China, Technimark delivers high-quality products worldwide. For more information, visit technimark.com.

About Rhinostics

Rhinostics Inc. commercializes simple and elegant solutions to bring efficiencies and cost savings to the laboratory workflow. The Rhinostics nasal swab provides features that increase sample throughput by more than 10-fold while removing labor and errors from the laboratory workflow. The swab is integrated onto a cap that can be automated for removal from the tube while all 96 samples are simultaneously accessioned through scanning a 2D barcode on the bottom of the tubes. The product provides an immediate impact to increasing COVID testing efficiencies while being applicable to broader respiratory viral, bacterial, and genetic testing using the polymerase chain reaction (PCR) and next generation sequencing (NGS). The Rhinostics product is registered as Class I exempt medical device with the FDA and is available for purchase. To learn more, visit https://www.rhinostics.com.

About iMFLUX

A subsidiary of P&G, iMFLUX is a team of innovators, operating globally to transform the future of plastic injection molding. Join us on our journey to autonomous molding™ and learn how we provide meaningful sustainability solutions. Please visit www.imflux.com for more information about iMFLUX, our patented game-changing processing software, and our mold design and innovation center.

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Technimark Expands Role of Key Executive

Technimark is pleased to announce that Kris Peavy, Technimark’s Chief Commercial Officer, has also been named President of Technimark Healthcare. This will expand Kris’ current accountabilities to include P&L oversight for our global Healthcare business. In this role, Kris will be able to provide more support to Technimark’s rapidly growing Healthcare segment to ensure strategic growth and profitability. 

Kris has been with Technimark since 2010 and has been instrumental in helping build Technimark’s Healthcare business. The expansion of his responsibility will enable him to support the division for the future.   

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Rapid Growth Prompts Expansion for Technimark Healthcare

Major additions in Pennsylvania and Texas will meet increasing demand

Latrobe, Pa. (Sept. 6, 2018) — Prompted by rapid growth of its healthcare business, Technimark broke ground on an 80,000-square-foot addition to its Latrobe, Pa. healthcare manufacturing facility, nearly doubling the size of its existing plant there. The company announced a similar expansion at its El Paso, TX facility.

Technimark is a global manufacturer of custom rigid plastic solutions for the consumer packaging, healthcare and industrial markets, and is owned by PPC Partners along with management.

At a recent groundbreaking ceremony at the Pennsylvania plant, Technimark officials said the expansions are needed to meet increasing demand for the services of its healthcare division.

“A key element in our business strategy is a commitment to ensure we have state-of-the-art facilities and services that allow us to serve our customers’ current and future manufacturing needs,” said Brad Wellington president and CEO. “Our expansions in Latrobe and El Paso are examples of that commitment. Over the past few years, we have built or expanded a number of ISO-certified cleanrooms in Pennsylvania, Texas, Mexico, the United Kingdom, and China.”

Technimark acquired Latrobe-based Ci Medical Technologies, a top manufacturer of injection-molded components used in medical, pharmaceutical and consumer healthcare products, in 2015. The company’s healthcare division currently produces a variety of specialty medical components and finished medical devices for various key healthcare markets, including surgical, diagnostics, life science, pharmaceutical and consumer healthcare, among others.

According to John Rugari, vice president of sales for Technimark Healthcare, the company currently serves customers worldwide from 14 manufacturing facilities across North America, Europe and Asia. “Our value proposition is resonating strongly in the healthcare market and, as a result, our pipeline of new contracts from our strategic customers and new customers is exceptionally strong. That robust pipeline is driving our growth and need for expansions around the world,” Mr. Rugari said. He noted Technimark Healthcare facilities meet all applicable ANSI and ISO 9001 and ISO 13485 standards, as well as all relevant FDA regulations for the manufacture of medical products.

Scott Irvine, the Latrobe facility’s director of human resources, noted that Technimark Healthcare currently has a number of open positions in Latrobe for engineers, tool makers and operations staff and will begin recruitment for the new jobs soon. In addition to highly competitive pay and benefits, he noted the company offers employees a range of pathways to advance their careers, including Technimark University, a comprehensive in-house training facility.

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Technimark Hosts Career Fair at Asheboro, NC Campus

Join the team at Technimark! We’re hosting a Career Fair and want to see you there!

Monday, May 21st, 2018 – 10:00a-12:00p & 5:00p-7:00p
Technimark Plant 2 – 515 West Central Avenue, Asheboro, NC 27203

Now Hiring for Supervisors, Production Specialists, Automation Technicians, Material Handlers, Tool Makers, Mold Makers, Tooling Technicians, Process Technicians, Setup Technicians, and Team Members.

Our employees operate in an active, fast-paced, state-of-the-art, climate-controlled atmosphere that encourages teamwork, innovative thinking, and mutual respect. If you would like to work for a growing company that offers opportunities for advancement and provides training for each employee, come join our winning team. Representatives from Technimark’s hiring and recruiting team will be on hand to discuss current openings and candidates will be able to immediately apply online.

To learn more contact Kelly Webb, Recruiting Manager at Kelly.Webb@technimark.com or (336) 498-4175 x1241

ABOUT TECHNIMARK: As a leading supplier for consumer goods, healthcare and industrial companies around the world, Technimark Asheboro is the headquarters for a successful global network of facilities offering advanced injection-molded packaging solutions. Just a short drive from Greensboro and High Point, we’re proud to call Asheboro home, with over 1,000 local employees and counting.

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Technimark University Class of 2017

 

Through Technimark University, our comprehensive in-house training program, motivated employees are given the opportunity to learn the latest trends and skills, paving the way for future success and advancement. The journey requires a great deal of commitment from both the employee and their personal support systems of spouses, family, friends and colleagues.

This year, we’re proud to recognize our graduates for their hard work and accomplishments in completing the Technimark Tooling Apprenticeship program. With over 930 in-classroom training hours at Randolph Community College (RCC) and a minimum of 8,000 on-the job training hours, the six graduates obtained the Tool & Die Maker Degree. Their dedication was celebrated at a gathering of family, colleagues and Technimark leadership on June 1st where they were presented with a North Carolina Journeyman Tool Maker Certification.

Since its inception in 2013 by President and CEO Brad Wellington, Technimark University has recognized 24 gradu­ates within the five degree areas of Tool & Die, Maintenance & Automation, Lean Six Sigma, Scientific Mold­ing and Management.

Technimark University logo

Please join us in congratulating these incredible individuals!

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