(Argon: Frisco, TX) -- Argon Medical Devices Inc., a leading manufacturer of medical devices for interventional procedures, announces the acquisition of Wisconsin-based Matrex Mold and Tool Inc., a custom mold manufacturer for plastic injection molding. Matrex produces metal injection production and prototype molds for the medical device, residential, and automotive industries, and has done so since 1985. Argon was a customer of Matrex for more than 25 years prior to the acquisition.

This move advances Argon’s efforts to vertically integrate within new product development and production. An organic capability to produce production molds will help Argon maintain control and product quality for mainstream manufacturing as the company scales. Organic production of prototype molds will decrease the time to market for new products in development. Further, Argon can continue to support the needs of Matrex’s current customers, and now offer mold production to new customers as part of Argon’s Custom Product Solutions business.

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