|[July 07, 2014]
Cretex Companies Acquires Wickstrom Manufacturing
ELK RIVER, Minn. --(Business Wire)--
Cretex Companies (www.cretex.com)
today announced that is has acquired the assets of S. Wickstrom
Manufacturing, Inc., a quick-turn injection molding company focused on
serving the medical device and surgical instrument markets. Wickstrom,
located in Redwood City, CA (News - Alert) will become part of JunoPacific, Inc. (ww.junopacific.com),
one of the Cretex Medical group of companies.
"We are delighted to add Wickstrom to our team," said Kern Bhugra,
President of JunoPacific. "They are experts in aluminum tooling and
collaborate closely with their customers to deliver high quality
production-grade parts in a fraction of the time and cost of
conventional molding companies. Adding Wickstrom's capabilities will
enhance JunoPacific's ability to help our customers bring their products
to market quickly and inexpensively." Bhugra continued, "I'm also
pleased that Scott Wickstrom will remain with the company and help guide
Terms of the acquisition were not disclosed.
About Cretex Companies, Inc.
Cretex, established in 1917, is
a privately held, diversified manufacturing company headquartered in Elk
River, Minnesota. The company's subsidiaries operate in four major
markets: medical, aerospace & defense, industrial, and infrastructure.
rms, rms Surgical, Meier, JunoPacific, Spectralytics and Elk River
Machine Company provide contract manufacturing services to OEMs
requiring precision machining, metal stamping and fabrication, laser
processing, plastic molding, medical device assembly and packaging, and
heavy gauge metal machining and fabrication. Cretex Concrete Products
provides reinforced concrete pipe, concrete bridge components, and other
precast and prestressed concrete products serving the infrastructure
needs of the central United States. Cretex Companies employs about 2,000
people in 36 locations in 11 states.
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