Tekni-Plex expanding Flemington, N.J., plant

By Frank Esposito
Senior Staff Reporter

Published: November 27, 2012 6:00 am ET

Related to this story

Topics Packaging, Film & Sheet

KING OF PRUSSIA, PA. (Nov. 27, 3:30 p.m. ET) — Tekni-Plex Inc. will spend $9 million to upgrade and expand its packaging plant in Flemington, N.J.

The project will take 18 months to complete and will enhance technology and increase capacity at the plant, officials with King of Prussia, Pa.-based Tekni-Plex said in a Nov. 27 news release. The plant makes multi-layer flexible packaging structures for heat-seal and pressure-sensitive closure liners.

Those structures and liners are used in several markets, including pharmaceutical, cosmetic and automotive. The plant also makes lidding foils for pharmaceutical blister packs and medical device packaging and pouch materials for the pharmaceutical market.

Manufacturing work done at the Flemington site includes extrusion, dry bond lamination, coating, slitting and printing. Most plastic products made at the plant are based on PET or polyethylene. Products based on aluminum, paper and cardboard also are produced there.

The expansion will include buying and installing new machinery, a company representative said, but will not require a physical expansion of the 140,000 square-foot plant. The project also is expected to create new jobs at the 60-employee plant, but an exact number was unavailable.

“We expect the work force to grow as the business grows,” the representative said.

Expanding the plant “enhances our ability to meet the needs of our expanding customer base with high-quality, competitively-prices products,” flexibles division vice president and general manager David Andrulonis said in the release.

Tekni-Plex consists of nine companies the firm has acquired over its 45-year history. Other products made by the firm include PVC garden hose (made by Swan Hose) and PVC compounds (made by Colorite Compounds). The Colorite business grew earlier this year when it installed a new American Kuhne-brand medical extrusion line at its plant in Belfast, Northern Ireland. The new line will be used to make PVC compounds for the medical market.

Tekni-Plex reported annual sales of about $655 million for the year ended June 30, an increase of more than 5 percent from the previous 12-month period. Since 2008, Tekni-Plex has been majority-owned by investment firms Oaktree Capital Management LP of Los Angeles and Avenue Capital Group of New York.


Comments

Tekni-Plex expanding Flemington, N.J., plant

By Frank Esposito
Senior Staff Reporter

Published: November 27, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Primex finds success among diverse product offerings

September 15, 2014 3:09 pm ET

What was once a run-down stretch of road in Richmond, Ind., has given way to building after building of extrusion machinery at Primex Plastics Corp....    More

Image

Primex names new tech center after John Farber, a steady supporter

September 15, 2014 3:00 pm ET

RICHMOND, IND. — John J. Farber was there when Primex Plastics Corp. was founded in 1965. And he has been a steady source of...    More

Image

Here's a peek behind our 2014 film & sheet ranking

September 15, 2014 1:22 pm ET

Today Plastics News publishes its annual ranking of North American Film and Sheet Manufacturers. Let's look at some interesting numbers behind the...    More

Image

DS Smith adds to footprint with Croatian injection molding acquisition

September 10, 2014 2:05 pm ET

DS Smith plc, the London-headquartered packaging giant, has announced the acquisition of Kaplast dd, a Croatian injection molding company.    More

Image

Par-Pak Europe buys Holfeld Plastics

September 10, 2014 1:58 pm ET

Holfeld Plastics Ltd., the Ireland-based packaging manufacturer, has been bought by Par-Pak Europe (PPE) for an undisclosed sum.    More

Market Reports

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

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

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

Upcoming Plastics News Events

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

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

More Events