By: Roger Renstrom
March 7, 2014
Plastics processor Pexco LLC of Alpharetta, Ga., is expanding in Mexicali, Mexico, to support its growing medical and commercial businesses.
Pexco is adding 31,500 square feet for production and warehousing to an existing 17,000-square-foot facility that it obtained in the May 2011 acquisition of Multitube Medical Devices SA de CV. The expansion will be in operation by August, the company said.
Pexco says the site is the only independent local Mexican medical plastics extruder in the northern Baja California market, which includes the cities of Mexicali and Tijuana.
Currently, the site has a Class 8 clean room and 10 production lines. The expansion will include a 7,600-square-foot clean room.
Pexco operates 11 manufacturing facilities primarily extruding thermoplastics, has six clean rooms and generated 2012 sales of about $200 million, according to Plastics News estimates.
Odyssey Investment Partners, LLC of New York bought Pexco in August 2012. Pexco’s origins go back to the 1970s as American Filtrona Corp. It took the name Pexco in 2009.