Medical Manufacturing Technologies (MMT) Enhances Abrasive Technology and Microblasting Capabilities with Strategic Acquisition of Comco
CHARLOTTE, N.C. & LOS ANGELES--(BUSINESS WIRE)--Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management and a leading global provider of automated, process-driven medical device manufacturing solutions, proudly announces the acquisition of Comco, a recognized leader in the micro-precision sandblasting sector. This strategic move is set to significantly enhance MMT's abrasive technology offerings while vastly expanding its microblasting capabilities.
Established in 1965, Comco is a leading company in the microblasting space, a technique utilized for deburring, texturing, cleaning, and modifying part surfaces. As the creators of the award-winning MicroBlaster ®, Comco has gained the trust of industry professionals in medical manufacturing, microelectronics, precision machining, and aerospace, positioning itself as the premier partner for microblasting solutions.
Commenting on today's acquisition is Robbie Atkinson, CEO of MMT, 'We are thrilled to expand our range of comprehensive manufacturing solutions with the acquisition of Comco. This new partnership will strengthen our position as a trusted end-to-end provider of medical and specialized industrial manufacturing services and solutions worldwide.' He continued, 'Comco's commitment to quality products, exceptional customer support, and outstanding technical assistance aligns perfectly with MMT's dedication to innovation and customer care, ultimately helping customers achieve success."
Comco's MicroBlaster® operates by uniformly mixing clean, dry air with abrasive particles as small as 17.5 microns. The mixture is propelled through a nozzle tip at high velocity, resulting in a tightly focused and easily controlled abrasive stream. This state-of-the-art technology enables consistent microblasting parameters, ensuring a high level of repeatability and providing a cost-effective, environmentally friendly manufacturing method.
"We're thrilled to announce our collaboration with MMT, a trusted leader in automated, process-driven manufacturing," stated Colin Weightman, President of Comco. "By combining our unique strengths and expertise, we are committed to delivering innovative solutions that will enhance the customer experience and propel the manufacturing industry towards new heights of success.'
Weightman will assume the role of Technical Sales Director, contributing to the growth of MMT's abrasive technologies while also strengthening partnerships and promoting ongoing innovation in microblasting to solve manufacturing challenges.
MMT is committed to serving as the preferred partner in the medical device and precision manufacturing industry, focusing on predictability, reliability, yield, and throughput. MMT's portfolio of companies includes CATHTIP, Comco, Engineering by Design, FEPeeler, GenX Medical, Glebar, Interface Catheter Solutions, MMT Automation, MPT Europe, R&D Engineering, Somex Automation, SYNEO, and Tridex Technology.
About Medical Manufacturing Technologies
Medical Manufacturing Technologies (MMT), a leading global provider of medical device manufacturing solutions, is a single-resource solution for automated process-driven medical manufacturing—streamlining complex medical device solutions with an emphasis on precision and finely tuned efficiency. The company offers process development, applications and equipment, technical solutions, and after-market support. Web: mmt-inc.com
About Comco
Comco was established in 1965 to support the hybrid microelectronics industry, a critical partner in the development of early resistors. The technical expertise required for the early semiconductor industry was also well suited to challenges faced in the developing medical and aerospace markets. The capabilities of MicroBlasting make it an effective solution for manufacturing challenges that do not have an easy solution. Our team of engineers is instrumental in moving our partners' applications forward. Web: comcoinc.com
Arcline Investment Management is a growth-oriented private equity firm with $9.1 billion in cumulative capital commitments. Arcline seeks to invest in technology-driven, meaningful to the world industrial businesses that enable a better future. Web: arcline.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
8 hours ago
- Business Wire
SBC Medical added to membership of Russell 3000 ® Index
IRVINE, Calif.--(BUSINESS WIRE)-- SBC Medical Group Holdings Incorporated (Nasdaq: SBC) ('SBC Medical'), a global franchise and provider of services for aesthetic clinics, has been added as a member of the broad-market Russell 3000 ® Index, effective after the US market opens on June 30, as part of the 2025 Russell indexes reconstitution. Membership in the Russell 3000 ® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 ® Index or small-cap Russell 2000 ® Index as well as the appropriate growth and value style indexes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. Fiona Bassett, CEO of FTSE Russell, An LSEG Business, comments: 'The Russell indexes have continuously adapted to the evolving dynamic US economy, and it's crucial to fully recalibrate the suite of Russell US Indexes, ensuring the indexes maintain an accurate representation of the market. The transition to a semi-annual reconstitution frequency from 2026 will ensure our indexes continue to represent the market and maintain the purpose of the index as a portfolio benchmark.' For more information on the Russell 3000 ® Index and the Russell indexes reconstitution, go to the 'Russell Reconstitution' section on the FTSE Russell website. About SBC Medical SBC Medical, headquartered in Irvine, California and Tokyo, Japan, owns and provides management services and products to cosmetic treatment centers. The Company is primarily focused on providing comprehensive management services to franchisee clinics, including but not limited to advertising and marketing needs across various platforms (such as social media networks), staff management (such as recruitment and training), booking reservations for franchisee clinic customers, assistance with franchisee employee housing rentals and facility rentals, construction and design of franchisee clinics, medical equipment and medical consumables procurement (resale), the provision of cosmetic products to franchisee clinics for resale to clinic customers, licensure of the use of patent-pending and non-patented medical technologies, trademark and brand use, IT software solutions (including but not limited to remote medical consultations), management of the franchisee clinic's customer rewards program (customer loyalty point program), and payment tools for the franchisee clinics. For more information, visit About FTSE Russell, an LSEG Business FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit FTSE Russell. Forward-Looking Statements This press release contains forward-looking statements. Forward-looking statements are not historical facts or statements of current conditions, but instead represent only the Company's beliefs regarding future events and performance, many of which, by their nature, are inherently uncertain and outside of the Company's control. These forward-looking statements reflect the Company's current views with respect to, among other things, the Company's product launch plans and strategies; growth in revenue and earnings; and business prospects. In some cases, forward-looking statements can be identified by the use of words such as 'may,' 'should,' 'expects,' 'anticipates,' 'contemplates,' 'estimates,' 'believes,' 'plans,' 'projected,' 'predicts,' 'potential,' 'targets' or 'hopes' or the negative of these or similar terms. The Company cautions readers not to place undue reliance upon any forward-looking statements, which are current only as of the date of this release and are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. The forward-looking statements are based on management's current expectations and are not guarantees of future performance. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law. Factors that may cause actual results to differ materially from current expectations may emerge from time to time, and it is not possible for the Company to predict all of them; such factors include, among other things, changes in global, regional, or local economic, business, competitive, market and regulatory conditions, and those listed under the heading 'Risk Factors' and elsewhere in the Company's filings with the U.S. Securities and Exchange Commission (the 'SEC'), which are accessible on the SEC's website at
Business Insider
9 hours ago
- Business Insider
AI is helping small businesses increase productivity. Here's a look inside the computing hardware helping power it.
Businesses across industries are increasing their AI usage. AI workloads require hardware equipped with powerful processors that can handle these tasks. Responsible and sustainable AI adoption is key to business success. Most tech-savvy observers understand that AI is transforming large enterprises across functions such as customer service, HR, and the supply chain. Chatbots and virtual assistants are now powered by large language models (LLMs) that respond to nearly any natural-language query. These models are trained on business-specific data to provide targeted, accurate answers. According to a poll from the US Chamber of Commerce and Teneo, 98% of small businesses now use AI-enabled software, and 40 % of them employ generative tools like chatbots and image creators to cut costs and speed workflows. But AI isn't just making a splash at big corporations: a new generation of everyday business hardware and operating systems is putting AI in the hands of business owners of all sizes, with applications across a wide range of business functions. Business computing systems for the AI era Andrew Wan, product manager at MSI, has a front-row seat to the transformative impact of AI across industries. He explains that what was once a buzzword is now a practical, everyday tool. In fact, 91% of SMBs that have adopted AI say it's driven measurable revenue growth, according to a survey of 3,350 business leaders from Salesforce. For example, in marketing, AI is powering smarter, more personalized campaigns. Content teams are creating, tweaking, and repurposing material at incredible speeds. Meanwhile, in law, AI is cutting down the time needed for research and contract reviews. The classroom and the clinic are also seeing significant benefits. In education, AI is making learning more flexible, while In healthcare, AI is improving diagnoses and patient care. Across fields, AI boosts productivity and enables people to focus on the work that really matters. AI-ready computing hardware Many business owners have questions about the suitability of their legacy systems in this new AI era. According to Wan, MSI's latest technology is designed to help everyday business users take full advantage of AI. The Cubi NUC AI+ 2M, for example, include the next-generation Intel® Lunar Lake processors, featuring on-chip NPU and GPU cores which provide efficient, on-device AI computing. These compact systems also include Microsoft Copilot+, an AI-powered assistant designed to help teams work smarter. And it's not just enthusiasts leveraging AI: 27% of SMBs have "significantly accelerated" tech spending because of AI needs, with another 35% "slightly accelerating" their investments — underscoring why on-device NPUs and GPUs are so critical. MSI's new desktop models also come with Windows 11 Pro pre-installed, offering businesses a smoother upgrade path from Windows 10 as Microsoft's October migration deadline looms. A real business impact AI is already improving productivity and business outcomes at many organizations. Early adopters in small and mid-sized businesses are seeing real gains by automating repetitive workflows that free up valuable time and resources. "We're hearing about tangible improvements in productivity, customer satisfaction, and even employee engagement as teams are empowered by technology that supports their goals," Wan said. Although AI has already had a profound impact on businesses, Wan believes we've only scratched the surface of its potential. Over the next year, he expects AI to become even more embedded in everyday workflows, especially through smart devices that offer real-time insights while keeping data private and secure. "Fast forward five years, and AI won't just be a helpful tool — it'll be at the heart of how businesses run," he said. "It'll shape strategies, spark new revenue ideas, and open doors to ways of working we haven't even imagined yet. The companies that start laying the groundwork now with AI-friendly systems will be the ones setting the pace in this smarter, more connected future." AI for good Of course, for all of the opportunities AI affords businesses, there are also a number of risks to watch out for. Wan says MSI is committed to responsible adoption of AI, and its suite of AI-powered computing products have been designed with sustainability in mind. "We've built in a three-year Advance Replacement Warranty, which means virtually zero downtime," Wan said. "And by focusing on energy-efficient design, we're helping businesses reduce their environmental footprint while embracing the future of work." 77% of small businesses plan to adopt new digital technologies — including AI and even metaverse tools — within the next year, making energy-efficient hardware and robust warranties like MSI's Advance Replacement critical for minimizing both downtime and environmental impact. "As we build toward a more intelligent future, we believe it's just as important to build a more sustainable one," Wan said.
Business Wire
10 hours ago
- Business Wire
KBRA Releases Research – Potential OBBBA Implications for Litigation Finance ABS
NEW YORK--(BUSINESS WIRE)--KBRA releases research examining the potential implications for litigation finance ABS stemming from proposed measures under the Tackling Predatory Litigation Funding Act (TPLFA), which is currently included in the U.S. Senate's One Big Beautiful Bill Act (OBBBA). Litigation finance has a long history and, in recent years, has established itself as a niche segment in the asset-backed securities (ABS) market. However, the TPLFA could significantly alter the economics of this evolving structured finance asset class, as it proposes substantial new taxes on profits from third-party litigation funding. Litigation finance ABS transactions, which are typically backed by nonrecourse advances to plaintiffs in personal injury and other civil cases, could face meaningful structural and liquidity challenges if the legislation is enacted. Click here to view the report. Related Publication Litigation Finance ABS: Not Settling for Less About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions. Doc ID: 1010181
