Candiac, Que.-based contract manufacturer, custom injection molder, and tool maker Precimold Inc. has been sold by its founder and president Gunter Weiss to Jack McDonald, an entrepreneur based out of Montreal.
The terms of the deal have not been disclosed.
Founded in 1966, Precimold produces technical parts for the automotive, defense, medical, and electronic markets from a 48,000-square-foot facility. The firm employs approximately 75 workers; operates 20 injection presses; carries ISO 9001, TS 16949, and ISO 13485 accreditations; and operates class 10,000 and class 100,000 cleanrooms.
“I have been open to selling Precimold for the past ten years but I was waiting for the right fit,” said Weiss, who recently turned 83 and is now retiring.
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