Precision ADM Inc., a global medical device and engineering and manufacturing solutions provider based in Winnipeg, MB, has acquired Roswell Downhole Technologies Inc., Canada’s largest manufacturer of melt-blown fabric for medical filtration applications.
Together, the companies will manufacture Canada’s first supply of 100% compostable non-woven fabrics using sustainably sourced biopolymers for use in personal protective equipment (PPE) production domestically and for export to global manufacturers.
“As a company, we have responded to COVID-19 by developing and manufacturing the highest quality and most cost-effective medical equipment in our country’s time of need,” said Precision ADM CEO Martin Petrak. “By coming together with Roswell DHT to develop 100% compostable medical PPE such as masks and respirators, we will better serve Canada and emerge even stronger beyond the pandemic while reducing our carbon footprint and greenhouse gas emissions throughout our product life cycle.”
Precision ADM uses additive manufacturing as a core technology supplemented by multi-axis machining to manufacture high-value components and devices for the medical, aerospace, energy, and industrial sectors.
By October 2021, the two companies will be operating a high-volume, automation-driven, non-woven manufacturing plant in Calgary, AB, and scaling up a manufacturing plant in Winnipeg, said the announcement. The plants will produce a full suite of compostable surgical medical masks, gowns, and other medical PPE, air and water filtration, and personal hygiene products.
The investment will create up to 350 high paid net new direct jobs and represents a new economic export impact of approximately US$2 billion within the next 10 years, said Precision ADM.