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Tuesday, November 6, 2012

MedPlast rebrands non-medical business as UPG

MedPlast rebrands non-medical business as UPG

By Mike Verespej | PLASTICS NEWS STAFF

TEMPE, ARIZ. (Nov. 6, 1:15 p.m. ET) -- Medical molder and contract manufacturer MedPlast Inc. is rebranding all its non-medical business under the UPG name that it acquired in April where it bought UPG International Inc.

The realignment, announced Nov. 6, means UPG will operate as the industrial business company of MedPlast with five plants: two in Suzhou, China; one in Wales; one in Minneapolis; and a new 36,000 square foot plant in Houston that replaces a UPG plant five miles away.

Unlike the previous plant in Houston, which made medical and industrial products, the new plant -- which opened last week -- will manufacture only non-medical products. It will have 15 molding presses, automated assembly operations, pad printing, sonic welding and custom fixture manufacturing.

The five dedicated UPG plants will make precision plastic products and produce value-added services for four main markets: consumer, automotive, energy and datacenter products for the electronics and telecommunications industries.

MedPlast will have 10 plants that will concentrate on the medical and healthcare markets: the five plants it had prior to the acquisition in Tempe, Ariz.; Elkhorn, Wis.; Monticello, Iowa; West Berlin, N.J. and Westfield, Pa.; plus two former UPG facilities in Suzhou, China and additional former UPG plants in Tijuana, Mexico; Fremont, Calif., and Chicopee, Mass.

Both companies will be headquartered in Tempe, Ariz.

MedPlast was formed in April 2008 when Baird Capitol Partners purchased family-owned K&W Medical Specialties of Westfield, Pa and the engineered rubber and plastics group of Applied Tech Products Corp. and hired Faig to lead what was at the time a $90 million medical manufacturer. Read the entire article...

1 comment :

Anonymous said...

It is to bad they can't open a smaller plant in Galeton somewhere and bring jobs here. Might be something to think about.