Reifenhauser buys screw-maker Westland

By Bill Bregar
Senior Staff Reporter

Published: December 12, 2012 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Machinery, Molds/Tooling

WICHITA, KAN. (Dec. 12, 3:20 p.m. ET) — Germany-based Reifenhäuser Group, which makes screw and barrels at its Reiloy Metall GmbH division, has purchased Westland Corp. of Wichita, Kan. — its first production in North America.

Reifenhäuser, of Troisdorf, Germany, bought Westland from its president and owner, Dave Larson, in a deal announced Dec. 12.

Terms were not disclosed.

Effective immediately, the company is part of the Reifenhäuser Group, under the name Reiloy Westland Corp, as an independent unit of Reiloy Metall. Larson will continue to run the business as president of Reiloy Westland, remaining in Wichita, where Westland employs 48 people.

The two companies have worked together for seven years, when Westland began making bimetallic barrels from blanks supplied by Reiloy.

Interviewed by phone, Larson said Westland was not on the market. Reifenhäuser was looking to expand in North America and the German company approached Westland, he said.

Larson said joining the German company makes sense, given their past working relationship.

“We can now supply the U.S. market with larger quantities and at the same time, have additional resources for the future,” he said in a press release.

Thomas Porstner, head of the Reiloy global business unit, called the two companies “the perfect match.” In Germany, Reiloy has expertise in producing barrels with induction-heated centrifugal casing, and is the only screw and barrel maker that produces its own metal alloys, used for the surfacing of screw flights, he said.

Wichita brings U.S. screw and barrel production, and will serve as a center for North American engineering and service.

Reifenhäuser Group, a third-generation family-owned business now run by brothers Bernd, Klaus and Ulrich Reifenhäuser, has six business units, including blown and cast film and extrusion coating lines, sheet lines, machines to make strapping tapes and machines for the nonwoven industry. The company was founded in 1911.

Westland was founded in 1969, when Martin Davis, its former chairman, bought the tooling division of CAC Tool from McLinn Inc. The company changed its name to Westland in the late 1980s.

Larson became part owner in 1993. He took over managing the company in 1998 and later became president and sole owner.

The deal for Westland marks another ownership change at a U.S.-based screw and barrel maker. In mid-2012, Nordson Corp. of Westlake, Ohio, announced it was buying Xaloy Inc., the largest U.S. screw and barrel manufacturer. Xaloy’s headquarters is in New Castle, Pa.


Comments

Reifenhauser buys screw-maker Westland

By Bill Bregar
Senior Staff Reporter

Published: December 12, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Concours adding equipment as mold making business booms in Mexico

August 28, 2014 2:05 pm ET

Concours Mold Inc. is heading for a 50 percent increase in sales in Mexico this year after a $4 million upgrade of its plant in Huejotzingo, in the...    More

Image

Canadian mold maker Thibault adding to new operation in Mexico

August 27, 2014 3:19 pm ET

Canadian mold maker I Thibault Inc has purchased an established Mexican company, Tecnimoldes SA de CV, for a seven-figure-dollar-sum and renamed it...    More

Image

Lakeland Mold changes name to Avantech to reflect changing business

August 26, 2014 11:53 am ET

Lakeland Mold Co., which makes cast and machined aluminum tooling for the rotational molding industry, is evolving and has changed its name to...    More

Image

Megadyne buying Belt Corp. of America

August 26, 2014 10:35 am ET

In a move aimed at building its specialty belting manufacturing and fabrication operations, Jason Industrial Inc. — Megadyne SpA's wholly owned ...    More

Image

Sonoco buys Germany's Weidenhammer, plans for thin-walled packaging growth

August 25, 2014 1:41 pm ET

Sonoco Products Co.'s acquisition of Weidenhammer Packaging Group GmbH of Germany includes plastic packaging technology that the company is targeting ...    More

Market Reports

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

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

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