Argon Medical Devices, Inc., Frisco, Texas, announced the acquisition of Wisconsin-based Matrex Mold and Tool, Inc. Matrex produces metal injection production and prototype molds for the medical device, residential and automotive industries, and has done so since 1985. Argon was a customer of Matrex for over 25 years prior to the acquisition.
The move advances Argon’s efforts to vertically integrate within new product development and production. An organic capability to produce production molds will help Argon maintain control and product quality for mainstream manufacturing as company scales. Argon plans to keep Matrex located in its Portage, Wisconsin, facility and to continue servicing customers across various industries. For more information, visit www.argonmedical.com.