Creation Technologies Acquires Eder Industries

Acquisition Broadens U.S. Footprint and Continuous Improvement of Operations


Vancouver, BC | July 2, 2003

‘We have seen a substantial increase in new customer inquiries over the past year, particularly in the U.S., as OEM customers look for strong partners to outsource their manufacturing to. We have been actively increasing our U.S. presence through direct sales and manufacturing representatives and the establishment of a manufacturing facility in the U.S. was our next step,’ said Geoff Reed, CEO of Creation Technologies. ‘We are very excited about our acquisition of Eder and believe they are the perfect complement to our expanding American footprint. Eder Industries boasts a dynamic management team and a solid list of customers. More importantly, they have developed a corporate culture that is very similar to ours and I foresee a seamless integration of the two companies.’

Established in Milwaukee in 1953, Eder employs 210 people and operates a 75,000 square foot facility. Eders’ strong design service capabilities and innovative inventory management processes will strengthen Creations’ offerings for medium-volume, complex manufacturing solutions. Creation will manage the Eder facility as an independent business unit and will integrate the two companies’ skills, service offerings, processes, and sales efforts to provide best manufacturing practices across their entire customer base. Creation also operates two manufacturing facilities in Vancouver, British Columbia and two manufacturing facilities in Toronto, Ontario. Creation Technologies’ head office is in Vancouver, British Columbia.

‘The acquisition of Eder Industries by Creation Technologies will allow us to maintain our strong regional focus while improving our buying power, financial stability and management depth,’ said Patrick Ciriacks, General Manager of Eder. ‘Both we and our customers are very pleased with this positive step in the evolution of Eder and look forward to the benefits that will result.’


Creation (www.creationtech.com) provides total product lifecycle solutions including turnkey design, rapid prototyping, manufacturing and fulfillment to its customers around the world. Since 1991, Creation has been focused on making it easy for OEMs to ‘say yes’ to their customers. The company of approximately 3,000 people operates nine manufacturing locations, two design centers and a rapid prototyping center in the USA, Canada, Mexico and China. Its OEM customers are in the Industrial & Instrumentation, Medical, Communications, Transportation, Aerospace, Defense & Security, and Energy & Environmental markets.

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