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NewsPress release

Press release

Pexco LLC acquires Wallingford, CT Facility from Clayens

05/06/2024

Press releaseIssued by Pexco LLC and published as received — not written by Airframer’s editors.

Pexco LLC, a leading North American specialty plastics processor, is pleased to announce the acquisition of the Wallingford, CT facility of Clayens. The Wallingford site, known for its dedicated high-performance plastic CNC Machining, Milling, Multi-axis Turning, Swiss Machining, Annealing, Vapor Polishing, and Assembly, significantly enhances Pexco’s value added and manufacturing capabilities. The site is ISO 9001-2015 as well as ISO 13485-2016.

This acquisition will bolster Pexco’s services in key industries such as Aerospace & Defense, Electric & Infrastructure, Life Sciences, Industry & Equipment, and Semiconductor.

Pexco CEO Sam Patel stated, “We are thrilled to welcome the Wallingford team to the Pexco family. This acquisition aligns perfectly with Pexco’s strategic growth plan. The Wallingford facility’s advanced machining capabilities and its expertise in critical industries will enhance our ability to meet and even exceed customer requirements. We look forward to integrating the talents and capabilities of the Wallingford team into the Pexco team.”

Mike Kane, General Manager at Wallingford, added, “Joining Pexco presents an exciting opportunity for us to leverage Pexco’s scale, reputation, and engineering expertise. We are eager to contribute to Pexco’s broad array of services and solutions, and to expand the reach of our precision machining capabilities across more industries and geographies.”

The Wallingford facility was started in 1980 as Connecticut Plastics and was acquired in 2023 by Clayens, a company that was founded in Lyons, France in 1931. It now joins Pexco as part of Pexco's strategic expansion, marking the addition as Pexco's 13th location.

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