05.31.11
Pexco LLC has acquired Multitube Medical Devices S.A. de C.V. Pexco will take over Multitube’s 17,500-square-foot facility in Mexicali, Mexico near Baja, California.
“The acquisition fulfills both strategic and geographic purposes for our organization,” said Neil Shillingford, CEO of Pexco. Besides being physically close to the target market, the new facility includes a Class 100,000 medical clean room and employs about 40 people who work on 10 production lines.
“The facility’s location near Tijuana gives us a presence in this vital manufacturing region that will benefit customers in Mexico and adjacent parts of the United States,” Shillingford said.
“We are looking forward to working with Pexco and the opportunities a much larger operation brings to our market here in this part of Mexico,” said Enrique Preciado, plant manager at Multitube.
This is Pexco’s second expansion in Mexico. The first, in 2000, established the company’s facility in Monterrey.
“The acquisition fulfills both strategic and geographic purposes for our organization,” said Neil Shillingford, CEO of Pexco. Besides being physically close to the target market, the new facility includes a Class 100,000 medical clean room and employs about 40 people who work on 10 production lines.
“The facility’s location near Tijuana gives us a presence in this vital manufacturing region that will benefit customers in Mexico and adjacent parts of the United States,” Shillingford said.
“We are looking forward to working with Pexco and the opportunities a much larger operation brings to our market here in this part of Mexico,” said Enrique Preciado, plant manager at Multitube.
This is Pexco’s second expansion in Mexico. The first, in 2000, established the company’s facility in Monterrey.