ANAHEIM, Calif.—It's been seven years since Parker-Hannifin Corp. jumped big into the medical market with the purchase of the Hi-Tech Group of companies, and in the ensuing years the Cleveland-based conglomerate has worked to build the business into a global force.
The purchase formed the base of what Parker now calls its Medical Systems Division, which the firm said works to develop and produce components, assemblies and finished devices in the medical, diagnostic and pharmaceutical markets.
“I think we're pretty broad from being able to offer organic materials through liquid silicones to thermoplastics to assembly, electromechanical assembly and tooling,” said Jeff Vihnanek, a product manager based at the Medical Systems Division headquarters in Anaheim. “I think we offer a very broad gamut of capabilities where some firms may specialize in just one or two types of molding.”
The division is headed by General Manager Anthony Gangitano and touts four facilities in the U.S. and one in Mexico, along with sites in the Czech Republic, Singapore and China where MSD has dedicated operations within larger Parker facilities.
The predecessor companies that make up Parker's MSD date back to 1964, with the founding of A.C. Hoffman. Hi-Tech Rubber Inc. was formed in 1982, Accusil Inc. in 1991, Inland Technologies Inc. in 1992 and Ventrex Inc. in 1996.
In 2004, private equity firms Red Diamond Capital Inc. and Century Park Capital Partners L.P., along with some company management, bought silicone rubber molder Hi-Tech Rubber to form the Hi-Tech Group. The group, in turn, bought the other firms in quick succession, with A.C. Hoffman coming on board in 2005, Inland Technologies in 2005, Ventrex in 2006 and Accusil in 2007.
Its U.S. facilities include the 80,000-sq.-ft. headquarters in Anaheim, which focuses on precision molding of elastomeric components; Merrillville, Ind., a 25,000-sq.-ft. factory that does silicone extrusion and device assembly, along with rubber molding; Fontana, Calif., a 35,000-sq.-ft. site focused on thermoplastic molding, including thermoplastic elastomers and thermoplastic polyurethanes; and Ventura, Calif., a 40,000-sq.-ft. plant used for assembly of medical devices.
The Tijuana plant also molds rubber components at a 160,000-sq.-ft. Parker factory, of which 23,000 square feet are for the use of MSD.