FOR IMMEDIATE RELEASE
Contact: Kimberly Madden firstname.lastname@example.org
Attleboro, MA, (April 30, 2015) — Precision Engineered Products (PEP), a leading manufacturer of medical devices and components, today announced the acquisition of Trigon International, specialized in design, engineering, manufacturing and assembly services for orthopedic products. End applications range from trauma, knee, hip, extremities and other instruments.
The purchase of Trigon International, based in Aurora, Illinois, further increases Precision Engineered Product’s share in the orthopedic market. “The combination of Trigon International with our capabilities in orthopedic surgical device design, prototyping, package design, and validation services will provide customers with a full suite of services for orthopedic products,” said John Manzi President and CEO of PEP. “Trigon International enhances PEP’s ability to meet the stringent regulatory requirements for the orthopedic market and its position in the marketplace will drive continued customer growth with orthopedic and medical OEM’s.”
“We, at Trigon, are truly excited about this new partnership with PEP which will enable us to offer more capabilities to our existing customer base including sterile barrier packaging, precision stamping and plastic molding,” said Joe Fenoglio President & CEO of Trigon. “In this ever changing industry, it is critical that we be able to quickly respond to the customer with a full range of precision engineered solutions. With this new partnership, our ability to respond to that need will be second to none.” Trigon International, which will be renamed PEP Trigon, is now a wholly-owned subsidiary of Precision Engineered Products. PEP Trigon will continue to operate under its current management out of its Aurora, Illinois and Warsaw, Indiana facilities.
About Precision Engineered Products and Trigon International:
PEP works synergistically to offer optimum value to customers. By using “best practice” manufacturing, PEP provides excellent service and world-class value-in-use to a demanding marketplace. PEP works hand-in-hand with leaders in the medical industry to bring innovation and world-class quality to the design and execution of medical disposables and assemblies and surgical devices. Trigon International is an FDA-registered and ISO-13485:2003 certified orthopedic product manufacturer. Trigon International offers development services, design services and an array of contract manufacturing capabilities from advanced machining and precision assembly to additive manufacturing.