Cadence Acquires New Capabilities, Expands Internationally
Wednesday, August 06, 2014
Cadence, Inc., a contract manufacturer of components for medical devices, acquired three operating business units of Plainfield Precision Holdings, located in Sturgeon Bay, WI, Plymouth, MA and Santo Domingo, Dominican Republic.
Plainfield Precision Holdings is a specialized solutions provider of assembled products that integrate stamped metal and molded plastic components. This acquisition contributes to the position of Cadence within global providers of technologies and services used in Advanced Surgical products.
Alan Connor, CEO, explains, “Our customers are increasingly looking to more strategic partners to fulfill their supply chain requirements. With our broad base of capabilities, including plastics and metals, Cadence is well positioned to meet these evolving contract manufacturing needs.”
“I am excited to welcome our new team members from the Plainfield family and look forward to their contributions to our on-going success,” Connor added.