Prototek Acquires CAL-X
September 1, 2019
CORE Industrial Partners (CORE), a Chicago-based private equity firm, has announced the acquisition of Cal-X, Inc., a provider of precision machining and sheet metal fabrication rapid prototyping services, by CORE portfolio company Prototek.
Headquartered in Wisconsin, Cal-X offers rapid prototyping and short-run production services through its in-house capabilities. Founded in 2002, Cal-X serves a blue-chip customer base across a broad mix of end markets, including medical, robotics & electronics, aerospace and transportation. The company's key capabilities include CNC milling & turning, laser & waterjet cutting and painting & silk screening.
Bill Gress, CEO of Prototek, said, "The acquisition of Cal-X represents another great example of our commitment to building a leading rapid prototyping service provider. We specialize in delivering the impossible and now we will bring this service on a nationwide scale. Cal-X rounds out our portfolio of capabilities and services that places us as the logical choice of rapid prototype providers."
Tom Jaskolski, President and Founder of Cal-X, said, "Being a part of the Prototek platform is a very exciting opportunity for myself, and the employees of Cal-X, to take our combined businesses to the next level. We look forward to working together with the Prototek team to accelerate growth and continue providing our customers with best-in-class service, technical capabilities and turnaround times for all of their rapid prototyping and short-run production needs."
For more information contact:
PROTOTEK
244 Burnham Intervals Rd.
Contoocook, NH 03229
800-403-9777
www.prototek.com
Cal-X Inc.
900 B Cheyenne Avenue
Grafton, WI 53024
262-375-5952
sales@calxinc.com
www.calxinc.com
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