Medical injection molder Classic Industries Inc. has taken its first step in Europe with the acquisition of RW Injection Moulding Ltd., boosting its worldwide manufacturing operations for pharmaceutical and medical packaging and components.
The purchase gives Latrobe, Pa.-based Classic a base for serving medical-device and health-care customers throughout Europe, the firm said in a news release. The operation complements Classic's manufacturing plants in Latrobe; El Paso, Texas; Ponce, Puerto Rico; and Shanghai.
Terms were not disclosed.
RW has been renamed Classic Industries Europe and will continue to operate from its facility in Middleton-in-Teesdale, England.
RW General Manager John Pearson said Classic was drawn to RW because of its world-class medical manufacturing operations and global customer base. For RW, being part of the Classic group secures its long-term future and gives it access to a bigger global network, he said.
RW operates to Six Sigma principles at its facility, which employs 50. The site has Class 7 clean rooms housing 20 Fanuc all-electric presses. It also does printing, welding and assembly.
RW has been in business for more than 20 years; the company was known as Renham & Wade Ltd. until September 2006.
RW recently was honored for the Best Training & Development Program in Plastics & Rubber Weekly's annual Plastics Industry Awards. Judges recognized RW especially for involving technicians in capital equipment procurement and mold tool development.
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