Fulflex Acquires 300,000-Square-Foot Texas Medical Manufacturing Facility to Expand U.S. Healthcare Platform


Fulflex Acquires 300,000-Square-Foot, Fully Automated Medical Products Manufacturing Facility In Texas

Fulflex has completed the acquisition of a 300,000-square-foot medical products manufacturing facility in Jacksonville, Texas, significantly expanding its North American production capacity and reinforcing its strategy to build a larger global healthcare manufacturing platform.

Located on a 30-acre campus, the facility becomes one of Fulflex’s largest and most advanced manufacturing sites worldwide. The acquisition also brings more than 250 employees into the company, strengthening its manufacturing workforce while establishing a larger operational presence in East Texas.

The Jacksonville facility produces a broad range of medical products used by healthcare providers and patients globally. Its manufacturing capabilities include plastics injection molding, blow molding, thermoforming, extrusion, automated assembly and other advanced production technologies, enabling Fulflex to increase output while supporting customers with scalable, high-quality manufacturing solutions.

“This is an exciting day for Fulflex and for the Jacksonville community,” said Diya Garware Ibanez, Chairperson of Fulflex. “We are delighted to officially welcome the Jacksonville team into the Fulflex family. This acquisition reflects our confidence in the exceptional people, the advanced manufacturing capabilities of this facility, and the long-term future of healthcare manufacturing in East Texas. We are committed to investing in this facility, creating new opportunities for our employees, supporting our customers with world-class manufacturing, and contributing positively to the Jacksonville community for many years to come.”

The acquisition expands Fulflex’s manufacturing footprint across North America while increasing capacity in polymer processing, medical device manufacturing and automated production. The additional facility also enhances supply chain resilience by providing greater geographic diversification and production flexibility for customers operating in global healthcare markets.

The investment aligns with Fulflex’s long-term strategy of expanding through advanced manufacturing assets that strengthen operational scale and support growing demand for medical products. The company said it plans to build on the Jacksonville facility’s existing capabilities through continued investments in manufacturing technology, quality systems, operational excellence and workforce development.

“Every acquisition begins and ends with people,” Garware Ibanez said. “The dedication, experience, and commitment of the Jacksonville employees are the foundation of this facility’s success. We are honored that so many talented people have chosen to continue this journey with us, and we look forward to building an organization where our employees can grow, our customers can succeed, and our community can thrive.”

The transition was formally marked with a community event attended by employees, customers, local officials and business leaders, underscoring the company’s commitment to maintaining the facility’s operations while investing in its long-term growth.

Following the acquisition, Fulflex operates 14 locations worldwide, including four manufacturing facilities in the United States, one manufacturing facility in the Dominican Republic, two manufacturing facilities in India, and seven sales offices and distribution centers across eight countries. The company’s global network serves customers in more than 85 countries, providing medical products and engineered polymer solutions for applications spanning medical devices, patient care, rehabilitation and personal protective equipment.

By expanding its U.S. manufacturing base with one of its largest production facilities, Fulflex is positioning itself to support increasing demand from healthcare customers while strengthening its role as a global contract manufacturing partner with enhanced capacity, operational flexibility and regional supply chain capabilities.

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FH Capital acquires majority stake in JinkoSolar US


New York-based FH Capital has entered a definitive agreement to acquire a 75.1% stake in JinkoSolar’s US subsidiary, Jinko Solar (US) Industries Inc. China-based JinkoSolar will retain a 24.9% minority interest following transaction completion. The deal includes control of a 2 GW solar module manufacturing facility and an expanding Battery Energy Storage Systems business in the United States. FH Capital stated that additional investment will support plans to at least double existing solar module production capacity and begin domestic BESS manufacturing operations. JinkoSolar said the transaction builds on its seven-year U.S. manufacturing presence and established relationships with large domestic customers. The transaction remains subject to customary regulatory approvals and closing conditions, while financial terms were not disclosed.

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Nexans Acquires Republic Wire To Establish U.S. Manufacturing Platform In Low-Voltage Cable Market


Nexans, a Paris-based global electrification company, has signed an agreement to acquire 100% of Republic Wire, a family-owned American manufacturer of low-voltage copper and aluminum wire products headquartered in Cincinnati, Ohio. The deal, valued at approximately 680 million euros with a potential earn-out of up to 43 million euros, establishes Nexans’ first significant manufacturing and distribution platform in the United States and complements its recent acquisition of Electro Cables in Canada.

Founded in 1982, Republic Wire serves electrical wholesale distributors, utilities, and municipalities across the United States and Canada. The company operates a 32,500-square-meter manufacturing facility and a newly completed 30,000-square-meter warehouse and distribution center, employing more than 200 people. A recently completed expansion program is expected to be fully online by the end of 2026, increasing production capacity by approximately 30%. Republic Wire generated approximately 520 million euros in revenue over the twelve months through February 2026.

The U.S. low-voltage cable segment is estimated at approximately 12 billion euros and is driven by sustained demand across residential, commercial, and data center construction. Nexans projects approximately 23 million euros in run-rate synergies over three years, driven by commercial cross-selling, manufacturing technology deployment, and purchasing scale.

The transaction is expected to be immediately earnings-per-share accretive before synergies and is anticipated to close in the early third quarter of 2026, subject to regulatory approval. Republic Wire’s current management team, led by Ron and Jeremy Rosenbeck, will remain in place.

KEY QUOTES:

“The acquisition of Republic Wire marks a transformative moment in Nexans’ journey to become a reference pure player in electrification. The United States represents the single largest growth opportunity in low- and medium-voltage cable. Republic Wire gives us the expanded platform, the customer relationships and the operational credibility we need to compete in this highly dynamic market.”

Julien Hueber, Chief Executive Officer, Nexans

“Republic Wire has always been more than a business to our family — it is a legacy built on hard work, loyalty, and a deep responsibility to our customers and the people who chose to build their careers here. In Nexans, I found a partner who shares those values, not just a buyer.”

Ron Rosenbeck, CEO, Republic Wire

“The acquisition of Republic Wire represents an important strategic milestone, meaningfully strengthening our position in the North American market. As a highly respected brand with a proven track record of exceptional quality and customer centricity, Republic Wire brings deep market relationships and an extensive commercial network.”

Tim King, Managing Director North America, Nexans

 

 

 

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