In early August 2021, Plastic Components Inc., a portfolio company of MPE Partners (“MPE” or “Morgenthaler Private Equity”), announced the acquisition of SMI Molding, Inc. of Clearfield, Utah. SMI is a leading ISO 9001:2015 certified injection molder that offers a full suite of design, manufacturing, and value-added services to a diverse range of sectors, including medical, industrial, recreation, and consumer. MPE and PCI partnered in the transaction with several members of the SMI management team, led by CEO Shane Cave.
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