Cretex Medical, a leading provider of contract medical device manufacturing and engineering services, announced today that it has acquired select assets and capabilities of Design Phactory, LLC.
November 12, 2026
The transaction closed in October 2026 in accordance with customary closing conditions.
ELK RIVER, Minn., November 12, 2026 –
Cretex Medical, a leading provider of contract medical device manufacturing and engineering services, announced today that it has acquired select assets and capabilities of Design Phactory, LLC. Known for its expertise in solving complex molding challenges, Design Phactory is a highly sought-after tooling designer for plastic injection molding. The transaction closed in October 2026 in accordance with customary closing
conditions.
"We're excited to join Cretex Medical," said Russ Salzbrun, Owner of Design Phactory. "This gives us the opportunity to work closely with the production side of injection molding. Gaining insights from the operators who actually work with the molding tools will only strengthen and accelerate our design process."
Cretex Medical offers precision-molded components and assemblies for a wide variety of medical devices throughout multiple markets. "The Design Phactory acquisition adds over 100 years of industry-leading design expertise to our existing capabilities," said Steve Williams, President of Cretex Medical | CDT. "By bringing together sophisticated tooling design with the recent acquisition of Holland Molds and our industry-leading
injection molding operations, we will be able to provide our customers with a world-class end-to-end experience."
Design Phactory currently supports customers as part of Cretex Medical.
Cretex Companies (www.cretex.com) has been privately owned by the same family for over 100 years. Headquartered in Elk River, Minnesota, Cretex employs over 2,400 team members at facilities in the United States and Costa Rica. Under the Cretex Medical brand, the company’s subsidiaries CDT, QTS, and rms provide contract manufacturing and engineering services to medical device manufacturers (OEMs). Cretex Materials and
Cretex Specialty Products are leaders in the infrastructure industry. The companies are guided by a common management system, shared set of values, and focus on operational excellence.