Noel Laboratories, an Atascadero-based full-service dental laboratory, has bought Atascadero Dental Laboratory for an undisclosed amount.
The purchase became final June 8.
Noel Laboratories manufactures crowns, dentures, bridges, implants and other dental prosthetics for dentists and other dental laboratories.
Atascadero Dental Laboratory seller William (Butch) Houghton will join Noel Laboratories’ dental technician team, marketing director Estella Webb said. Noel Laboratories now has 23 employees and anticipates more growth, she said.
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“We are continuing to grow and add employees,” she said. “We’re already talking about hiring more technicians.”
Webb declined to disclose the company’s annual revenues. In 2013, when the company purchased Arroyo Grande Dental Lab and moved its operations to Atascadero, a company spokeswoman said annual revenues were more than $1 million.
Founded in 1974 in San Luis Obispo by John C. Noel, a certified dental technician, the business moved to Atascadero 10 years ago and is located in four buildings in the Meadowbrook Center on Morro Road.
Over the last decade, the trend in the dental lab industry has been a move to digital technology, and Noel Labs has invested more than $1 million to become fully digital during that time, chief operating officer Steve Barron said.
The technology has improved the quality of products to dentist clients and opened a new market providing digital manufacturing services to labs that haven’t fully invested in the equipment, he said.
Noel Laboratories has about 75 clients: about 50 dentists in San Luis Obispo County and 25 laboratories throughout the state that don’t have digital equipment, Barron said.