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Rx Textiles, Inc. buys SPT Technology

MONROE, N.C., Sept. 27 /PRNewswire/ — Rx Textiles, Inc. is pleased to announce the acquisition of SPT Technology, Inc. The acquisition brings together two established and respected names to better serve their customers on a global basis.

David Glontz, Director of Sales at Rx Textiles, states: “We are confident that the integrated product lines will provide our customers with the unique benefit of sourcing everything needed for socket laminations from one company. The international customers from SPT Technology provide Rx Textiles a great opportunity to expand our product line globally. Our number-one priority in the short term is to make sure the existing customer base is taken care of and the transition runs as smoothly as possible.”

Based in Minneapolis, Minnesota since 1977, SPT Technology is a manufacturer and distributor of orthotic and prosthetic supplies. The company produces and distributes polyvinyl alcohol sleeves, lamination resin, carbon braid as well as other miscellaneous lamination products.

Based in Monroe, North Carolina since 1985, Rx Textiles has specialized in developing and manufacturing products for a variety of medical needs. In the orthotics and prosthetics industry, Rx Textiles is known as a supplier of high-quality and innovative fabrics.