Paragon Medical broke ground on a 34,000-square-foot addition to its manufacturing plant in Pierceton, Indiana, with an initial investment of $16 million and plans for an additional $19 million over five years. The expansion will support 15 new employees and focus on 3D printing of porous titanium implants, expected to be fully operational by end of 2022.
MW Industries, a provider of precision components, acquired Duer Carolina Coil, a manufacturer of hot and cold wound springs, on March 26, 2021. The acquisition expands MW Industries' spring capabilities for automotive, heavy truck, defense, valve, and agricultural markets.
MW Industries, a provider of springs, fasteners, and machined parts, has acquired Ameriflex Inc., a manufacturer of precision-formed metal bellows, flexible metal hoses, and metal flanges for semiconductor, microelectronics, and aerospace industries.
Private equity firm American Securities LLC has acquired MW Industries, a provider of engineered springs, fasteners, and precision components, in partnership with MWI management on September 29, 2017.