Accellent Selling Pittsburgh Facility to Perryman

Accellent entered into an agreement to sell its facility located just outside of Pittsburgh in Houston, Pennsylvania to The Perryman Company, also headquartered in Houston, Pennsylvania. Substantially all of the facility’s employees will become employees of Perryman effective upon completion of the sale, which is expected to be completed during the second quarter of 2012.

Donald Spence, President and CEO of Accellent, stated “This sale allows Accellent to better focus on its core medical device markets and provides a great future for our employees in Pittsburgh. Perryman is an international company with existing relationships with many of the Facility’s customers.”

Source: Accellent, Inc.