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Deal expands Innova's design and manufacturing capabilities.
September 2, 2025
By: Michael Barbella
Managing Editor
Innova Engineered Plastics (Innova) has purchased PolyCraft Tech, a San Diego-based specialty manufacturer of precision cast urethane enclosures and components. Neither company disclosed the deal’s financial terms.
This acquisition expands Innova’s design and manufacturing capabilities and strengthens its presence on the West Coast, according to the company. “We are excited to welcome PolyCraft Tech to the Innova family,” Innova Engineered Plastics CEO Mark Rauenzahn said. “Their expertise in cast urethane allows us to offer even more comprehensive solutions—especially for customers who need fast, flexible, and technically demanding parts.”
PolyCraft Tech brings to Innova more than 25 years of experience manufacturing precision cast urethane enclosures and components for numerous applications including medical device enclosures, aerospace interior components, and 3D printed development prototypes. Known for its engineering expertise, advanced tooling capabilities, and strength in low- to mid-volume production, PolyCraft Tech’s core competencies align with Innova’s continued evolution into a comprehensive plastics manufacturing partner focused on speed, quality, and innovation.
This expanded footprint enables faster response times, increased production capacity, and localized support for West Coast customers. With the addition of PolyCraft Tech’s San Diego operation, Innova now spans three strategic locations: a design and innovation hub in Shirley, Mass.; a production facility in Mexicali, Mexico; and a specialized cast urethane center of excellence in San Diego.
“We are committed to supporting Innova’s organic and acquisition growth strategy,” stated Adam Cook, CIO of Culper Capital Partners, Innova’s private investment sponsor. “Our pipeline of complementary acquisition targets are robust, and we will continue to complete transactions that round out our offerings, provide scalability and create further opportunity for us to serve our customer base at the highest level.”
Formerly ThermoFab, Innova Engineered Plastics provides engineered heavy gauge plastic enclosures and related single-use components for medical device and life sciences, aerospace and defense, diagnostic and lab equipment, autonomous robots, data centers and AI solutions, and other critical, highly regulated industries. Applications for custom plastic enclosures include surgical robotics, organ transport devices, genetic sequencing equipment, people scanning technologies, autonomous robots, data center parts, and more. With a wealth of experience in managing large, multi-part projects, the company’s capabilities encompass the entire production lifecycle, from design and initial prototyping to full-scale production and assembly—with a dedicated team working closely to bring its partners’ concepts to life.
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