Carclo plc, an injection molder headquartered in Ossett, UK, recently purchased Precision Tool & Die (PTD; Derry, NH) through its Carclo Technical Plastics division. The deal, worth more than $6 million, expands Carclo’s U.S. footprint, adding a base of operations in the northeast to continue its growth in the region.
President and Division Chief Executive Mark Charbonneau said, “The acquisition of Precision Tool & Die will not only bring synergy to both PTD and Carclo’s customers in expanded capabilities marrying prototyping, tool making and volume manufacturing, but it will also enable Carclo to grow in the region close to its customers.”
PTD operates 14 injection molding presses ranging from 28 to 400 tons in a 34,000-square-foot facility, which also has Class 10,000 cleanrooms. The company offers precision mold manufacturing as well as a variety of secondary operations, such as ultrasonic welding, automation, assembly and packaging for medical, optical, automotive and electrical applications.
|Innovations throughout the plastics supply chain will be featured at PLASTEC West, which comes to the Anaheim Convention Center in Anaheim, CA, on Feb. 7 to 9, 2017. For more information and to register to attend, go to the PLASTEC West website.|
“We’ve seen significant new business and opportunities from major OEMs in the region. It was only natural that to continue our growth and follow our philosophy of being close to our customers we target the Northeast as our next logical step,” Charonneau added.
Carclo Technical Plastics specializes in injection molding and contract manufacturing services for medical and optics applications. Its largest segment served is diagnostic disposables with significant offerings in respiratory, blood management, ostomy, ophthalmic, women’s healthcare, and surgical products. Carclo employs more than 1,000 employees at eight plants across the United States, United Kingdom, Czech Republic, India and China.
MD&M West and PLASTEC West attendees can visit Carclo Technical Plastics in booth 1515 and Precision Tool & Die in booth 1495. The events come to Anaheim, CA, on Feb. 7 to 9, 2017.