06.12.14
Latrobe, Pa.-based Classic Industries, a manufacturer of injection-molded components used in medical devices and pharmaceutical products, is rebranding.
To better reflect its focus on the medical technology industry, the company now will be called Ci Medical Technologies Inc. The change reflects the company’s exclusive focus on customers in the medical and pharmaceutical markets, officials said.
“Our new name officially recognizes the fact that, over the past decade, we have been using 100 percent of our expertise to serve customers in the medical and pharmaceutical device markets,” said CEO Robert P. Subasic Jr. “We are confident that the new name provides a clearer picture of the business today and where the business is headed in the future.”
The new moniker also better reflects the company’s global design, manufacturing, assembly, packaging and logistics capabilities, Subasic said.
In addition to Latrobe, the company has production and distribution facilities located in El Paso, Texas; Ponce, Puerto Rico; and Durham in the United Kingdom. Its third-party logistics facility is in Juarez, Mexico.
While the company’s different units will do business under the holding company name of CI Medical Technologies Inc., the legal names of its subsidiaries remain Classic Industries Inc., Classic Industries Europe Ltd., Classic Industries de Mexico, and Classic Industries of Puerto Rico Inc.
To better reflect its focus on the medical technology industry, the company now will be called Ci Medical Technologies Inc. The change reflects the company’s exclusive focus on customers in the medical and pharmaceutical markets, officials said.
“Our new name officially recognizes the fact that, over the past decade, we have been using 100 percent of our expertise to serve customers in the medical and pharmaceutical device markets,” said CEO Robert P. Subasic Jr. “We are confident that the new name provides a clearer picture of the business today and where the business is headed in the future.”
The new moniker also better reflects the company’s global design, manufacturing, assembly, packaging and logistics capabilities, Subasic said.
In addition to Latrobe, the company has production and distribution facilities located in El Paso, Texas; Ponce, Puerto Rico; and Durham in the United Kingdom. Its third-party logistics facility is in Juarez, Mexico.
While the company’s different units will do business under the holding company name of CI Medical Technologies Inc., the legal names of its subsidiaries remain Classic Industries Inc., Classic Industries Europe Ltd., Classic Industries de Mexico, and Classic Industries of Puerto Rico Inc.