MW Industries

Precision Parts Manufacturer Acquires 2 Suppliers of Medical Device Components

A leading provider of precision parts recently announced the acquisition of two companies, both suppliers of tight tolerance, mission-critical components used in medical device, aerospace, and industrial applications.

MW Industries, headquartered in Rosemont, Illinois, which engineers springs, specialty fasteners, bellows, and other precision components has acquired both companies from SW Holdings, LLC: Marox, a manufacturer of machined orthopedic implants, and Sussex Wire, a manufacturer of mini and micro cold-formed parts.

John Bagnuolo, Chief Executive Officer of MW Industries

Located in Holyoke, Massachusetts, Marox produces precision machined orthopedic and spinal implants in a variety of complex geometries to leading orthopedic device firms. The company also manufactures components used on robotic surgery devices.

Sussex Wire, located in Easton, Pennsyvania, applies cold-forming and roll-forming manufacturing techniques to shape metal wire and special alloys into highly engineered, precision, micro-miniature components. These components play essential roles in medical device applications.

Both companies offer advanced engineering capabilities, material selection advice, and manufacturing know-how for creative solutions that shorten design cycle times and speed time to market.

“Adding Marox and Sussex Wire to our portfolio of medical solutions companies creates a set of technical capabilities and precision machining capacity that is unmatched in the industry,” explains John Bagnuolo, Chief Executive Officer of MW Industries. “Medical device OEMs and CMOs can rely on MW Industries for innovative, cost-effective solutions to their most complex design challenges.”

 

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Economy Spring Plans Move to New Facility, Expanding Manufacturing Capacity

A Connecticut producer of precision metal components plans to relocate its manufacturing operations to a significantly larger facility in Southington, Connecticut in early 2019.

Economy Spring, whose current facility is pictured here, plans relocation to larger facility.

Economy Spring, an MW Industries company, announced that this expansion is fueled by the rapid growth of Economy Spring’s coiled springs, wire forms, and product assemblies sold to customers in medical and pharmaceutical applications. The new 216,000 square foot facility will be over twice the footprint of the existing Southington facility. Equipment will be moved in various stages during 2018 and 2019 with no expected operational impact to customers.

The company manufactures a broad range of medical and pharmaceutical products such as but not limited to surgical staples, hypodermic needles, and implantable titanium products.

“Economy Spring’s growth means we need more space to meet future customer demand. By selecting a facility just a mile down the road, we expect complete retention of our committed, technical, and highly experienced workforce,” explained Tim Thompson, senior vice president and general manager of Economy Spring. “Our transition plans include building finished goods inventory and communicating closely with customers to ensure a seamless transition.”

Photo credit: Pixabay

 

 

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