Exco buys Texas extrusion die company

By Michael Lauzon
Correspondent

Published: January 15, 2013 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Film & Sheet, Molds/Tooling

MARKHAM, ONTARIO (Jan. 15, 4 p.m. ET) — Extrusion die producer Exco Technologies Ltd. has extended its geographic reach by acquiring BE&H Extrusion Dies Inc. of Wylie, Texas.

Exco said it paid about $1.5 million in cash for the company. The deal gives Exco an experienced workforce and a stronger presence in markets where proximity to customers is important. The deal will boost Exco’s extrusion group sales by about 5 percent, a level which should grow in coming years, the Markham, Ontario, firm said in a Jan. 14 news release.

Exco has been serving the North American extrusion tooling market from Markham and a plant in Chesterfield, Mich. The Texas acquisition, which will be renamed Exco Texas, expands Exco’s stake in the south-central region of the United States and will provide capacity the company needs to meet resurgent demand for extrusion dies as the U.S. economic recovery gains momentum.

Exco employs 2,213 at 11 locations around the globe that supply the die-cast, extrusion and automotive industries.


Comments

Exco buys Texas extrusion die company

By Michael Lauzon
Correspondent

Published: January 15, 2013 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Major packaging merger includes plastics operations

January 26, 2015 12:24 pm ET

A merger of packaging companies MeadWestvaco Corp. and Rock-Tenn Inc. will create a new company with nearly $16 billion in annual sales.    More

Image

MonoSol optimistic it can reach new markets with water soluble films

January 26, 2015 4:46 pm ET

MonoSol LLC — riding a wave of growth spurred on by the rapid adoption of water soluble detergent packets in recent years — is looking to ...    More

Image

J6 Polymers to buy Stepan unit

January 26, 2015 12:22 pm ET

NORTHFIELD, ILL. — Stepan Co. plans to sell its specialty polyurethanes systems business to J6 Polymers LLC in a cash deal.    More

Image

W&H buys bigger stake in BSW

January 23, 2015 10:43 am ET

Windmoeller & Hoelscher KG will get more involved in flexible packaging machinery through its bigger stake in machinery maker BSW Machinery Handels-...    More

Image

Esterform buys Constar UK, doubles PET preform capacity

January 23, 2015 10:07 am ET

Constar UK, once part of global packaging firm Constar International Holdings LLC, has a new owner.    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

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

More Events