Saint-Gobain Performance Plastics buys Twin Bay Medical

By Roger Renstrom
Correspondent

Published: December 7, 2012 6:00 am ET

Related to this story

Topics Medical, Mergers & Acquisitions, Injection Molding, Molds/Tooling

AURORA, OHIO (Dec. 7, 2 p.m. ET) — Saint-Gobain Performance Plastics Corp. of Aurora, Ohio, acquired Twin Bay Medical Inc. of Williamsburg, Mich., on Nov. 30. Terms were not disclosed.

Al Werth founded the business in 2000 and was the principal seller. Saint-Gobain retains the innovative Werth as a long-term consultant.

Twin Bay Medical and the Saint-Gobain operation have operated as partners for more than 10 years, said Robert Schwenker, business manager for the Saint-Gobain Performance Plastics healthcare markets. Twin Bay Medical has less than 100 employees.

Twin Bay Medical deals primarily with single-use components for biopharmaceutical fluid handling products. Proprietary BarbLock-brand flexible tube retainers feature a 360-degree radial crimp behind the barb. A BarbLock can replace a hose clamp or cable-tie and is useful in medical, industrial, pharmaceutical and automotive applications.

Twin Bay Medical offers computer-aided design and finite element analysis validation from Dassault Systèmes SolidWorks Corp., three-dimensional printing utilizing fused deposition modeling technology from Stratasys Inc., use of deionized water for ultrasonic cleaning processes and electric injection molding equipment from Arburg GmbH + Co. KG. Twin Bay has tooling design-build-test capabilities, a Class 10,000 assembly area and three clean room suites with classifications ranging from Class 100,000 to Class 1,000.

Parent firm Cie. de Saint-Gobain, a major building materials company, is based in the La Défense business district of the Paris metropolitan area.


Comments

Saint-Gobain Performance Plastics buys Twin Bay Medical

By Roger Renstrom
Correspondent

Published: December 7, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Ferro sells another piece of its plastics business

December 19, 2014 3:33 pm ET

Ferro Corp. has sold its North American polymer additives business to a private equity firm for $154 million in cash.    More

Image

Alex Brands buys iconic Shrinky Dinks toys

December 19, 2014 3:15 pm ET

First Slinky, now Shrinky Dinks. What will toy and games investment firm Alex Brands buy next?    More

Image

Jarden hiring for new plastics plant

December 19, 2014 1:45 pm ET

Consumer products conglomerate Jarden Corp. is hiring plastics technicians for a new operation in Erlanger, Ky.    More

Image

The return of HPM's big presses

December 19, 2014 11:47 am ET

HPM is back in big injection molding machines.    More

Image

Obituary: Harold Isen, former chairman and CEO of Paramount Packaging

December 19, 2014 10:32 am ET

Harold Isen, former chairman and CEO of Paramount Packaging Corp., died on Dec. 8. He was 93.    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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

Upcoming Plastics News Events

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

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

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

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events