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
Companies & Associations

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

TricorBraun opening three regional centers

April 27, 2015 11:23 am ET

TricorBraun is opening three new, expanded regional centers in the United States: two in California and one in Tennessee.    More

Image

Bemis Co. reports sales growth

April 24, 2015 9:57 am ET

Bemis Co. Inc., in what the company is describing as a strong quarter, saw consistent earnings from continuing operations.    More

Image

KHS cuts packaging with direct printing on PET bottles, adhesive multi-packs

April 23, 2015 1:39 pm ET

KHS GmbH has been pouring a lot of time into solving issues related to direct printing on PET bottles, and after eight years of work, everyone...    More

Image

MeadWestvaco joins the Recycling Partnership

April 23, 2015 11:19 am ET

MeadWestvaco Corp., a global packaging company with some operations in plastics, is joining the Recycling Partnership.    More

Image

Sidel, BMS reach agreement on spindle patent case

April 20, 2015 1:24 pm ET

Sidel Group and Blow Mold Services LLC have reached an agreement in Sidel's patent infringement lawsuit against BMS involving the spindle chain on a b...    More

Market Reports

North American Thermoformed Packaging Market Outlook & Review 2015

Our annual report provides a thorough review and analysis of economic and political conditions, emerging market trends, packaging design advances, materials pricing and sustainable packaging issues impacting supply and demand in the TP segment. Our analysts identify key drivers of growth and opportunities for processors to remain competitive in the years ahead through innovation, production efficiencies and more.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events