01/08/2016
Compass Product Design Announces it has Been Acquired by Molded Devices
This transaction gives Compass clients additional resources to bring their products to market.
PLEASANTON, CA. – 05 January 2016 – Compass Product Design, Inc., a full service product design and engineering firm, has been acquired by Molded Devices Incorporated (MDI), a leading plastic molding and contract manufacturing firm. The acquisition provides MDI with a design and engineering service center in Northern California and gives Compass expanded capabilities to offer to their customers.
“By joining with MDI, we will be able to provide our clients with manufacturing resources and capabilities,” said Curt Anderson, IDSA, founder of Compass Design. “We now have the facilities to take a product from the initial concept stage, through design and engineering, prototypes, tooling and into final assembly.” Curt will be staying on with Compass after the acquisition.
Compass will continue to operate out of its Pleasanton headquarters. No changes are expected with the staff.
The acquisition of Compass is part of a strategy to provide MDI customers with a complete product development, manufacturing and assembly solution. In addition to Compass, MDI also acquired Bates Industries, an OEM provider of disposable medical devices and components located in South Glens Falls, NY.
About MDI
MDI is a full service, ISO 9001 and ISO 13485 certified, molder with locations in Riverside, CA, Tempe, AZ, Miamisburg, OH, Sellersville, PA and Oshkosh, WI. They offer injection molding, dip molding, machining and light assembly. Established in 1963, MDI has been on the leading edge of plastic part fabrication for over 52 years. You can see more at; www.moldeddevices.com.
About Compass
Compass is a full service product design and development firm offering industrial design, product engineering, prototyping and production services. Opened in 1989, Compass has worked with over 200 clients and on 500+ programs. Markets served are medical devices, laboratory equipment, consumer electronics, business and office products, sporting goods and toys. You can see more at; www.compassdesign.com.
Contact
Curt Anderson, IDSA
[email protected]
925/845-1071 O
510/326-8500 M