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JunoPacific in the Press

Cretex Companies logo
Cretex Companies Acquires Leading Medical Packaging Services Provider

ELK RIVER, MN, June 13, 2017—Cretex Companies (www.cretex.com) today announced it has acquired Quality Tech Services (QTS), a supplier of outsourced packaging services to the medical device industry.

“We are extremely pleased to have QTS join our Cretex Medical group of companies,” said Lynn Schuler, Chief Executive Officer of Cretex Companies, Inc. “QTS is widely recognized as a leading provider of validated assembly, kitting, and packaging solutions. Their experienced team, including packaging engineers and microbiologists, are experts in the end-of-line, critical processes that most companies don’t understand or do well. By adding QTS’s capabilities, we’ve made Cretex Medical an even better outsource partner for medical device companies.”

Located in Bloomington, MN, QTS specializes in cleanroom assembly, packaging and labeling, sterilization management, process development and validations, and material sourcing and supply chain management. They serve a broad set of Original Equipment Manufacturers (OEMs) in the orthopedic, neurology, pulmonary, dental, and other medical device markets.

Doug Wilder, President of QTS, said “We’re very excited to become part of the Cretex Medical group. Medical device OEMs are increasingly looking for providers who bring end-to-end solutions. They are actively pruning their supplier base and rewarding those who can do more. Combining Cretex and QTS creates significant upside for our customers. Equally important, the combination will be great for our employees. The cultures of the two companies are very similar. Customer service, quality, and providing a positive work environment are values that we share. We’re anxious to get started”

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 serving four major markets: medical, aerospace & defense, industrial, and infrastructure. Under the Cretex Medical brand, the company’s subsidiaries rms, rms Surgical, Meier, Spectralytics, JunoPacific, and QTS provide contract manufacturing and outsourcing services to medical device manufacturers (OEMs). Cretex Medical provides a full suite of capabilities, including precision machining, metal stamping and fabrication, laser processing, plastic injection molding, medical device assembly and cleanroom packaging. Cretex Companies employs about 2,000 people in 14 locations in Minnesota, California, Tennessee, and Wisconsin.



JunoPacific Celebrates Opening of New Facility for Medical Device Design, Development, and Manufacturing with Congressman Paulsen

Anoka, MN. December 8, 2014—JunoPacific, Inc., a premier medical device design, development, and manufacturing company, celebrated the opening of a new state-of-the-art facility with a large open house for customers, employees, and honored guest, Congressman Erik Paulsen. Located northwest of the Twin Cities in Anoka, the facility has over 60,000 square feet of design, development, and manufacturing space to support JunoPacific’s Fortune 500 clients as well as a diverse array of medical start-ups. Additionally, the facility has over 18,000 square feet of clean room space for manufacturing and assembly of all classes of medical devices from disposables to implantable products. Specific sections of the building are also dedicated to silicone molding and 3D printing capabilities.

Touring JunoPacific's new facility in Anoka, MN

While touring the facility, Congressman Paulsen stated, “It’s wonderful to see the significant investment made by JunoPacific in the continually growing medical device expertise here in the Minneapolis area.” He added, “It is a pleasure to participate in recognizing this significant milestone for the community and for JunoPacific.” The new facility currently employs over 125 people and is expected to grow by another 25% to 50% over the next two years. JunoPacific also has three other facilities in the Midwest and West Coast.

JunoPacific president, Kern Bhugra, commented, “We are excited to celebrate the opening of this new facility with our dedicated team members and valued clients, and are greatly appreciative of Congressman Erik Paulsen’s support of the medical device industry. We look forward to leveraging the state-of-the-art capabilities of this facility, along with the medical device expertise provided by our teams here in the Twin Cities and in Silicon Valley, to further enhance the delivery of medical device solutions for our clients.”

The open house was also celebrated by executives from Cretex Companies, Inc. JunoPacific is a part of Cretex Medical, a group of five medical device engineering and contract manufacturing firms (JunoPacific, rms, rms Surgical, Meier, and Spectralytics). Lynn Schuler, Cretex President & CEO, remarked, “It is great to see the increased momentum that this new facility brings to JunoPacific and to the breadth of capabilities provided by our Cretex Medical companies.”

About JunoPacific

JunoPacific is a premier medical device design, development, and manufacturing firm offering full product life-cycle services from prototype to high-volume manufacturing. With locations in the San Francisco Bay Area and Minneapolis, the company provides close proximity to key medical device geographies and services a wide array of clients from the Fortune 500 to start-ups. Additionally, JunoPacific is part of the Cretex Medical group of companies which provide turn-key injection molding, precision machining, stamping, assembly and engineering services for the medical device industry. For more information, please visit www.junopacific.com.



Cretex Companies Acquires Pacific Plastics & Engineering

Soquel, CA. May 23, 2011—Pacific Plastics & Engineering (PPE) today announced that it has been acquired by Cretex Companies, a diversified group of manufacturing companies, headquartered in Minnesota. PPE is a contract manufacturer of tight tolerance injection-molded, assembled and packaged devices for the medical and bio-tech markets. Located in Soquel, CA, PPE offers engineering and design, tooling construction, prototype, short-run and production molding, and assembly services in its FDA registered location.

"We are delighted to add Pacific Plastics & Engineering to the Cretex family of companies," said Lynn Schuler, Chief Executive Officer of Cretex Companies, Inc. "This acquisition continues our growth in the attractive medical market and gives us a presence in the dynamic Bay Area, where medical device startup activity remains strong. PPE will complement our existing medical portfolio companies of rms, Meier Tool & Engineering, and Juno. We are also pleased that founders Stephanie and Jack Harkness will remain engaged to help guide the business as we continue to grow upon the exceptional foundation they've built over the past 22 years."

"With this transfer of ownership, we can assure our employees and customers that it's business as usual. The acquisition by Cretex ensures our legacy in the medical device industry and offers complimentary capabilities to our customers," reflected Stephanie Harkness, Pacific Plastics co-founder and president.

Terms of the acquisition were not disclosed.

About Cretex Companies, Inc.
Cretex (www.cretex.com), established in 1917, is a privately held, diversified manufacturing company headquartered in Elk River, Minnesota. Its Commercial Products Group consists of rms Co., Meier Tool & Engineering, Inc., Juno, Inc., Pacific Plastics & Engineering, Inc. and Elk River Machine Co. This diverse group of companies provides contract manufacturing services requiring precision machining, metal stamping and fabrication, plastic molding, medical device assembly and packaging, and heavy gauge metal machining and fabrication. Customers are primarily OEMs in the medical, aerospace, and industrial products markets. Through its Building and Infrastructure Group, Cretex is also a leading provider of reinforced concrete pipe and other precast and prestressed concrete products serving the infrastructure and commercial building needs of the central United States. Cretex Companies employs about 1,700 people in 38 locations in 11 states.

Press Contacts:

sragaller@cretex.com

For more information, please visit www.cretex.com and www.junopacific.com



About JunoPacific

Midwest

1040 Lund Blvd. NW
Anoka, Minnesota 55303
Tel: 763.703.5000


Silicon Valley

2840 Research Park Drive
Soquel, California 95073
831.462.1141

740 Broadway Street
Redwood City, CA 94063
650.361.8421