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

Kydex, Allen Extruders joined under Sekisui SPI name

September 17, 2014 4:12 pm ET

Sekisui Chemical Co. Ltd. is combining plastic sheet makers Kydex LLC and Allen Extruders LLC under one roof as Sekisui SPI.    More

Badger buys competitor Joseph Homa

September 17, 2014 4:04 pm ET

Badger Plug Co. has extended its protective plugs customer base by acquiring and closing a rival, Joseph Homa Consultants Inc. of Montreal.    More

Image

American Renolit sees steady gains in the film market

September 16, 2014 11:51 am ET

American Renolit Corp. has changed its product mix, changed its customer base and managed to grow in a market that was initially skeptical about the...    More

Image

Flexibility for complexity key for Brampton

September 16, 2014 11:26 am ET

Blown film machinery maker Brampton Engineering Inc. is well positioned to meet growing demand for complex film structures, highly customized...    More

Image

Primex finds success among diverse product offerings

September 15, 2014 3:09 pm ET

What was once a run-down stretch of road in Richmond, Ind., has given way to building after building of extrusion machinery at Primex Plastics Corp. t...    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

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

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

Upcoming Plastics News Events

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

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

More Events