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

Unipex Group buys Ferguson Chemical Innovation

July 29, 2014 1:57 pm ET

Chemical distributor Unipex Group Inc. announced July 29 that it had purchased Ferguson Chemical Innovation, a Brampton, Ontario-based supplier of...    More

Image

Universal Polymer beefing up capabilities through acquisition

July 29, 2014 12:04 pm ET

Universal Polymer & Rubber Ltd. is growing again and adding to its capabilities, this time via another acquisition and a plant expansion.    More

Image

Reynolds considering sale of Closure Systems International unit

July 29, 2014 10:32 am ET

Packaging giant Reynolds Group Holdings Ltd. has put its closures business under review.    More

Image

Carbon black supplier Orion begins trading on NYSE

July 29, 2014 11:29 am ET

Orion Engineered Carbons S.a.r.l. has priced the initial public offering of 19.5 million common shares at a price to the public of $18 per share.    More

Image

Evonik sells polyimide foams operation to Boyd

July 29, 2014 10:46 am ET

Modesto, Calif.-based Boyd Corp., a manufacturers of specialty material and sealing agents, has purchased Evonik Industries’ Solimid...    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

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

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

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