Butler-based MRPC, a medical device components and assemblies manufacturer, has acquired Largo, Fla.-based ETI Incorporated.
ETI specializes in liquid silicone rubber molding and custom liquid injection molding. The acquisition will help MRPC fill demand for silicone molding, two-material molding, micromolding, medical rubber and thermoplastic molding.
ETI will become a division of MRPC, and both companies will keep their existing production hubs. Five cleanrooms will allow the company to make medical components, implantables and subassemblies for the health care industry.
“We are thrilled to be a part of this growing enterprise, knowing that it brings enhanced
capabilities and versatility to our customers,” said ETI General Manager Jim Smith, who
will remain as General Manager of the Florida location. “The combination of MRPC and
ETI, with our shared commitment to excellence and complementary skill sets, creates a
strategic advantage and elevates the national profile of both companies.”
MRPC has about 115 employees and ETI has about 25 employees. During the acquisition process, MRPC has added 50 jobs in the last year and expects to add another 10 to 20 employees in the next two years.
“ETI adds tremendous value to MRPC, starting with the people, who we are excited to
add to our expert team,” said Greg Riemer, President of MRPC. “We are also thrilled to
bring our customers even more horsepower in liquid silicone molding, while providing
the security and convenience of multi-location production facilities.”
