Phillips-Medisize Announces Expansion of Manufacturing Presence into St. Croix Meadows

Demonstrates company’s commitment to customers and employees

HUDSON, WI – October 5, 2018 – Phillips-Medisize, a Molex company, is pleased to announce the expansion of its manufacturing presence in Hudson, Wisconsin. Phillips-Medisize anticipates construction of a 180,000-sq. ft. manufacturing facility at the St. Croix Meadows site, to expand the company’s end-to-end solutions for its customers. The facility is expected to support at least 200 employees ranging from skilled manufacturing to engineering. Construction is expected to be complete by mid-2020. The anticipated costs of construction will exceed $40 million. The transaction is expected to close later this month.

Matt Jennings, CEO and President, stated “Our company was founded in Wisconsin, and we are proud to further expand our five decades of Wisconsin operations into St. Croix Meadows. St. Croix Meadows strengthens our ability to be an end-to-end provider of innovation, development and manufacturing solutions to the pharmaceutical, diagnostics and medical device industries.”

About Phillips-Medisize

Phillips-Medisize, LLC, a Molex company, is an end-to-end provider of innovation, development and manufacturing solutions to the pharmaceutical, diagnostics, medical device market segments. Backed by the combined global resources of Molex and its parent company Koch Industries, Phillips-Medisize’s core advantage is the knowledge of its people to integrate design, molding, electronics, and automation, providing innovative, high-quality manufacturing solutions. For more information, please visit www.phillipsmedisize.com or www.molex.com.

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For more information, contact:

Heather Ditzler
+1 715-377-7261
heather.ditzler@molex.com

Christina Johnson
+1 715 748 8928
christina.johnson@phillipsmedisize.com

Paula Kasper (Europe)
+41448383933
paula.kasper@phillipsmedisize.com