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Acquires 204,000-square-foot medical facility in Asheboro, North Carolina.
May 9, 2022
By: Charlie Sternberg
Technimark, a global manufacturing provider for the healthcare, consumer packaging and specialty industrial markets, is expanding its operations in Asheboro, N.C., with the acquisition of a 204,000-square-foot medical facility. The space, equipped with Class 7 and Class 8 clean rooms, will specialize in medical manufacturing, including precision injection molding, value-added assembly, finished device assembly, contract manufacturing, and logistics operations. Technimark is committed to expanding cleanroom facilities worldwide that satisfy its global customer base’s specific needs and requirements. This acquisition allows Technimark to expand its healthcare manufacturing footprint on its global headquarters campus. The new Asheboro facility brings Technimark’s global headquarters campus to 1.4 million square feet. “We’re excited to significantly expand our medical manufacturing operations at our global headquarters in Asheboro, North Carolina,” said Kris Peavy, CCO & president of Healthcare. “Creating open capacity to meet our customers’ future manufacturing needs is a pillar of our organic growth strategy.” More growth news is on the horizon in 2022 and 2023 for Technimark, including major expansions underway at Technimark facilities in Mexicali, Mexico, United Kingdom, Ireland, Germany, and China.
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