With a new name and private equity backing, Ci Medical Technologies Inc. is eyeing acquisitions to fuel its growth and solidify its transformation from consumer products to the medical device business.
The Latrobe company was founded in 1971 as Classic Industries Inc., a manufacturer of plastic consumer products such as bowls, pitchers and cases for cosmetics. Today, it makes plastic components for medical devices, such as tubes for insulin pumps and handles for surgical tools.
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