Davis-Standard buys Circonix, CX Systems

By Bill Bregar
Senior Staff Reporter

Published: October 22, 2012 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Film & Sheet, Machinery

PAWCATUCK, CONN. (Oct. 22, 2:35 p.m. ET) — Extrusion and converting machinery manufacturer Davis-Standard LLC has purchased Circonix Technologies LLC, a system integrator that does drive and control system retrofits, and CX Systems, which does control panels and rigging for machinery relocations.

Davis-Standard said the acquisition of Circonix extends its aftermarket services, supports the company’s ability to upgrade programmable logic controller, drive and mechanical systems on Davis-Standard and other brands of equipment—a potential market of thousands of existing extrusion lines worldwide.

“Our combined capabilities improve our ability to co-engineer a broader range of solutions to improve functionality, process efficiency and profitability for our customers worldwide,” said Bob Florence, vice president of global sales and marketing at Davis-Standard, of Pawcatuck, Conn.

Circonix is based in Ringwood, N.J.

Davis-Standard also acquires CX Systems in Lincolntown, N.C., which does machinery relocations including rigging and installation, and electrical, mechanical and plumbing work. CX Systems also provides electrical panels to Circonix, Florence said.

Paul Bilotti, sales and marketing manager of Circonix, said the firm’s organizational structure remains the same, including the existing employees and manufacturing facilities.

Davis-Standard announced the news Oct. 22. Terms were not disclosed.


Comments

Davis-Standard buys Circonix, CX Systems

By Bill Bregar
Senior Staff Reporter

Published: October 22, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Impact-resistant window maker buys competitor for $111 million

July 31, 2014 3:07 pm ET

PGT Inc. is acquiring CGI Windows & Doors Holdings Inc. for $111 million as part of a plan to grow strategically by buying businesses with...    More

Buyer plans to sell former Hoover molding, assembly plants

July 31, 2014 2:06 pm ET

A former Hoover manufacturing plant with 150 injection machines in El Paso, Texas, and a nearby maquiladora plant in Juarez, Mexico, changed owners...    More

Private equity firm buys majority share of truck accessory maker

July 31, 2014 10:30 am ET

A majority share of Ann Arbor, Mich.-based truck accessory manufacturer Tectum Holdings Inc. has been acquired by Boston-based private equity firm TA ...    More

Image

North American robot sales set record

July 30, 2014 4:46 pm ET

The North American robotics sector is off to its fastest start ever, shattering last year's first-half record, with a first-half 2014 of 14,135...    More

Image

Castle Harlan buys landscape erosion control firm Tensar

July 30, 2014 3:46 pm ET

Private equity group Castle Harlan inc. has acquired Atlanta-based Tensar Corp., with plans for the geosynthetic products maker and its subsidiaries t...    More

Market Reports

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events