Unified platform will drive Industry 4.0 innovation and customer success for North American manufacturing's most essential industries

In a major step to strengthen its position in the North American manufacturing marketplace and establish a foundation for continued growth and success, CGI Manufacturing Holdings ("CGI") announced today it has relaunched as Cadrex Manufacturing Solutions ("Cadrex" or the "Company"). Under the unified platform, Cadrex and its business units will continue to deliver unmatched value-added Industry 4.0 solutions for mission-critical manufacturing, supported by more than one million square feet of manufacturing capacity, strategically located around the United States as well as in Monterrey, Mexico.

Following the acquisition of eight business units, Cadrex's range of offerings include laser cutting, sheet metal fabrication, complex assembly, CNC machining, robotic welding, stamping and fastener insertion, plastic injection molding, and more. Brands under the Cadrex umbrella include Advanced Laser, CGI Automated Manufacturing, DFF Corporation, Elite Manufacturing Technologies, Haven Manufacturing, Precision Metal Fab, Richlind Metal Fabricators and Tenere.

"The current economic environment and advancements in technology, particularly around manufacturing, have driven continued growth, brought new clients, new teammates and new opportunities, so this is an important milestone for the business," said Carey Chen, CEO of Cadrex. "The unified platform and new brand are critical steps in positioning Cadrex as the premier North American partner for medium-to-high volume manufacturing solutions and we're excited at what the future holds."

The Company's new name is derived from the word "cadre," and represents the idea of a team of craftsmen who bring the "X-factor" to complex situations. Cadrex serves a number of industries including aerospace and defense, information communication technology, energy transmission and distribution, food production and agriculture, medical, material handling and electronic gaming and kiosk.

"While we will continue to identify opportunities for increased operational efficiencies under the unified Cadrex platform, we're fully committed to a seamless experience for our customers while minimizing any potential disruption," continued Chen. "The unified platform immediately provides innovation, additional resources and increased capacity to support all of our business units in a variety of new ways."

The combined Cadrex platform offers over a million square feet of premier manufacturing capacity and capabilities across several strategically-located facilities in the U.S. and Monterrey, Mexico.

With a shared passion and purpose to drive innovation and customer success for manufacturing's most essential industries, our platform delivers ease and peace of mind by providing unmatched value-added solutions for mission-critical manufacturing.

To learn more about the new Cadrex platform, visit www.cadrex.com.

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