Precision Extrusion

What Precision Extrusion does

Precision Extrusion (operating as Spectrum Plastics Group, A DuPont Business; legal entity PPC Industries, Inc.) is a medical device contract manufacturer founded in 1964 and headquartered in the United States. The company designs, prototypes, and produces custom and standard components for medical device OEMs across all device classifications (Class I through Class III). Its core product portfolio is organized around six integrated technology platforms: extruded medical tubing (PEEK, microbore and multilumen, high-pressure braided, silicone, core mandrel), catheter technologies (steerable and deflectable shafts, reinforced shafts, dilators, sheaths, balloon catheters), medical balloons (thermoplastic and silicone, including laser-processed variants), precision injection molding (including implantables, bioresorbables, micromolding, overmolding, and micro metal injection molding), laser processing (ablation, cutting, hypotubes, drilling, ultra-fast and femtosecond lasers), and flexible packaging and film (including DuPont Tyvek pouches, header bags, and lids). The company also offers design and development services, quick-turn prototyping, additive manufacturing/3D printing, precision machining, finishing services and assembly, and quality and regulatory support. It self-describes as the largest independent extruder of conventional and advanced medical tubing.

The business operates at scale with 2,900+ employees, 18 global locations, and 1 million square feet of operations. The revenue model is B2B hardware sales of custom and standard medical device components, priced by quote based on complexity, volume, materials, and regulatory classification, and contracted on a multi-year basis. Go-to-market is dual-channel: a direct enterprise field-sales team targeting Class I-III medical device OEMs, plus a self-service Component Webstore (shop.spectrumplastics.com) for off-the-shelf tubing, catheter shafts, balloons, and laser array components. Customer segments span cardiovascular, structural heart, electrophysiology, neurovascular, orthopedics, MIS/robotic surgery, fluid management, GI/enteral feeding, pharmaceutical/biopharma, ophthalmology, urology, trauma/wound care, diagnostics, neuromodulation, drug delivery, and select industrial/defense and food packaging applications. In 2024, DuPont (NYSE: DD) acquired Spectrum Plastics Group and, separately in July 2024, acquired Donatelle Plastics (a medical plastics manufacturer), integrating both into DuPont's Healthcare Solutions portfolio under the DuPont Spectrum brand.

Name

Precision Extrusion

Legal name

PPC Industries, Inc.

Website

https://precisionextrusion.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

11–50 employees

Short description

Precision Extrusion (Spectrum Plastics Group, A DuPont Business) is a US-headquartered medical device contract manufacturer with 2,900+ employees and 18 global locations, producing extruded tubing, catheters, medical balloons, injection-molded components, laser-processed parts, and flexible packaging for Class I-III medical device OEMs across multiple therapeutic areas.

Ownership category

akta.pro rank

Product category

Medical Device Component Manufacturing

NAICS

Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113), Medical Equipment and Supplies Manufacturing (3391)

SIC

Surgical & Medical Instruments & Apparatus (3841), Miscellaneous Plastics Products (3080)

akta.pro primary industry

Medical & Life Sciences Injection Molding (Devices, Diagnostics, Cleanroom) (IMANAFAC)

akta.pro secondary industries

Medical & Hygiene Film/Sheet Extrusion (Cleanroom, Sterile Barrier, Diaper Backsheets) (IMANACAF), Pharmaceutical & Medical Plastic Packaging Manufacturing (IMANAEAK), Single-Use Surgical Devices & Procedure Packs (Disposable instruments, drapes, kits) (HLAHADAM)

Keywords

• Medical device tubing extrusion
• Catheter manufacturing services
• Medical injection molding
• Flexible medical packaging
• Precision medical components

Headquarters

HQ city

Glens Falls

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Custom Medical Device Components: B2B manufacturing of custom and standard medical device components including extruded tubing, catheters, balloons, injection molded parts, and packaging for medical device OEMs. Revenue generated through manufacturing services with pricing based on complexity, volume, and materials.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Precision Extrusion manufactures custom and standard medical device components for medical device OEMs, including extruded medical tubing (PEEK, microbore, multilumen, high pressure braided, silicone), advanced catheter technologies (steerable/deflectable shafts, dilators, sheaths, complex catheters), medical balloons (thermoplastic and silicone), precision injection molded parts (including implantables, bioresorbables, and micromolding), laser-processed components, and flexible medical packaging films. The company serves Class I, II, IIb, and III medical device manufacturers across cardiovascular, structural heart, electrophysiology, neurovascular, orthopedics, MIS/robotic surgery, pharmaceutical/biopharma, and other therapeutic applications through both custom contract manufacturing and an e-commerce webstore for off-the-shelf parts.

Product overview

Spectrum Plastics Group, A DuPont Business (operating as DuPont™ Spectrum™), is a full-spectrum medical device component manufacturer offering a unified platform of precision manufacturing capabilities. The core portfolio includes six integrated product lines: Extruded Medical Tubing (the company's largest independent extrusion capability), Catheter Technologies (advanced catheter manufacturing), Medical Balloons (thermoplastic and silicone balloons), Injection Molding (including implantables and micromolding), Flexible Packaging & Film (featuring DuPont™ Tyvek® products), and Laser Processing (ultra-fast and femtosecond lasers). Additional offerings include Precision Machining, Quick-Turn Prototyping, Design & Development services, and Quality & Regulatory Support. The company operates 18 global locations with over 2,900 employees across 1 million square feet of operations. The 2024 acquisitions by DuPont (Spectrum Plastics Group and Donatelle Plastics) expanded the integrated service offering under the DuPont Healthcare Solutions portfolio.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 61 years of medical device manufacturing experience
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• DuPontcoreStrategic or Co-development Partner · 1 July 2024DuPont acquired Spectrum Plastics Group, integrating it as a DuPont business under the DuPont Healthcare Solutions division. The acquisition provides Spectrum with DuPont's resources and market position while expanding DuPont's medical device manufacturing capabilities. Spectrum operates as Spectrum Plastics Group, A DuPont Business, with access to DuPont materials including Tyvek packaging products.
• Donatelle Plastics IncorporatedcoreStrategic or Co-development Partner · 1 July 2024DuPont completed the acquisition of Donatelle Plastics in July 2024. The Donatelle website was redirected to Spectrum Plastics Group, A DuPont Business website. Donatelle's capabilities complement Spectrum's existing extrusion and catheter manufacturing expertise.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• TE Connectivity (Medical): TE Connectivity's medical business provides high-precision connectors, sensors, and custom medical device components including tubing and catheter sub-components. As a large diversified electronics and connector company, it is a broad incumbent with selective overlap to Spectrum's catheter and laser-processed components.
• West Pharmaceutical Services: West Pharmaceutical Services is a global leader in pharmaceutical packaging, drug delivery components, and elastomeric seals for injectable drugs. It is a broader incumbent that overlaps with Spectrum's flexible packaging and sterile barrier business serving biopharma customers.

Direct peers

• Integer Holdings: Integer Holdings is one of the largest medical device contract manufacturers and outsource partners, providing components and finished devices to medical device OEMs across multiple therapeutic areas including cardiovascular, neuromodulation, and surgical. It is the most direct competitor to Spectrum's full-service medical device component manufacturing model.
• Nissha Medical: Nissha Medical Technologies (formerly part of Creganna) provides contract manufacturing of minimally invasive delivery systems, catheter shafts, and specialty medical device components. It serves similar cardiovascular and interventional OEMs as Spectrum.
• Donatelle Plastics: Donatelle Plastics is a medical plastics manufacturer specializing in injection molding, assembly, and tooling for medical device OEMs. Now part of DuPont/Spectrum following the July 2024 acquisition, it directly overlaps with Spectrum's medical injection molding business and is now a sister entity rather than a competing standalone peer.
• Resonetics: Resonetics is a medical device contract manufacturer specializing in laser processing (nitinol, polymers), nitinol components, and microcatheter shafts for interventional and structural heart applications. It directly overlaps with Spectrum's laser processing and catheter technologies portfolios.
• Confluent Medical Technologies: Confluent Medical Technologies (formerly NDC) manufactures nitinol-based components, catheters, and medical textiles for cardiovascular, neurovascular, and other interventional applications. It is a direct peer in advanced medical device component manufacturing with comparable customer base and product breadth.
• Nordson Medical: Nordson Medical (which acquired Vention Medical) provides component manufacturing for medical devices including tubing, balloons, and delivery systems. It directly competes with Spectrum's extrusion, balloon, and catheter offerings.
• Medical Murray: Medical Murray is a medical device contract manufacturer focused on design, development, and production of finished devices and components including balloons and specialty tubing. It is a smaller-scale but directly comparable peer to Spectrum's catheter and balloon business.
• Freudenberg Medical: Freudenberg Medical (which acquired Helix Medical) is a global medical device contract manufacturer specializing in molded silicone and thermoplastic components, catheters, and finished devices for OEMs in cardiovascular, endoscopy, and other therapeutic areas. It competes directly with Spectrum's catheter and molding capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/precision-extrusion-inc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Precision Extrusion