Quadion Corporation, better known as Minnesota Rubber and Plastics, has built a world-wide reputation as a leading contract manufacturer for critical rubber and thermoplastic components and assemblies. Since 1945, MR&P has built a global reputation for its unique science-based approach making it a preferred manufacturing partner for industry leaders in North America, Europe and Asia. MR&P serves diverse end markets which include Medical, Pharma, Automotive and Transportation, Water, Food & Beverage, and Power, and is well known for its ability to provide cost-effective solutions to technically demanding applications.

In September 2012, Norwest Equity Partners (NEP) purchased Minnesota Rubber and Plastics and became one of its market leaders in a strategic group of companies.