A subsidiary of Molex LLC, a global manufacturer of electronic, electrical and fiber optic systems, is to acquire metal injection molding (MIM) specialist Phillips-Medisize Corporation.

Phillips-Medisize, headquartered in Hudson, WI, USA, specializes in the medical device market. It employs more than 4,300 people in 17 production locations throughout the United States, Europe, Mexico and China. Phillips-Medisize Corporation will operate as an indirect subsidiary of Molex, LLC.

‘Molex and Phillips-Medisize share a similar culture and approach to managing the business that creates strong partnerships built on quality and innovation,’ said Matt Jennings, chairman, president and CEO, Phillips-Medisize Corporation. ‘Molex’s global scale in electronics, coupled with Phillips-Medisize’s strength in designing and manufacturing innovative products for medical device customers, will help us become a global leader in connected health solutions.’

This story uses material from Phillips-Medisizewith editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.