Holding company adds Dynaroll to plastics lineup

By Roger Renstrom
Correspondent

Published: January 4, 2013 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Medical, Injection Molding

SCOTTSDALE, ARIZ. (Jan. 4, 11:50 a.m. ET) — Providien LLC acquired Dynaroll Corp. of Sylmar, Calif., on Dec. 31. Terms were not disclosed.

Dynaroll is a contract manufacturer of medical components for devices, robots, surgical equipment and disposable products.

Also, Dynaroll supplies high-precision miniature and instrument bearings essential for motion control in certain medical devices and diagnostic and imaging systems.

A small portion of Dynaroll’s manufacturing involves precision machining of plastic components. The remainder deals with metals processing and assembly tasks.

Simon Harrison founded Dynaroll in 1988. The firm employs 85, occupies 40,000 square feet and is certified under ISO 9001, ISO 13485, ISO 14001 and OHSAS 18001.

Principals of Providien and Dynaroll began discussions during 2012’s third quarter, said Jeff Goble, Providien president and CEO.

Formed in June 2010, Scottsdale-based holding company Providien reports annual sales of about $80 million and approximately 800 employees, Goble said. In addition to Dynaroll, Providien’s other operating divisions include thermoformer Specialty Manufacturing Inc. of San Diego, injection molder Plastics Engineering & Development Inc. of Carlsbad, Calif., contract manufacturer Integra Biotechnical LLC in Vista, Calif., and Tijuana, Mexico, and ventilation therapy specialist Emergent Respiratory LLC of Carlsbad.

Goble said the addition of Dynaroll coincides with an industry trend toward consolidation of vendor bases and “expands the breadth of our customer relations.”


Comments

Holding company adds Dynaroll to plastics lineup

By Roger Renstrom
Correspondent

Published: January 4, 2013 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

Thailand's SCG Chemicals buying Norwegian chemical firm Norner

December 19, 2014 9:11 am ET

Thailand's SCG Chemicals Co. Ltd. has announced it has acquired 51 percent of the shares in the independent petrochemical company Norner Holding AS fr...    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