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

PolyQuest spins off FiberQuest unit

April 18, 2014 10:14 am ET

PolyQuest Inc. has spun off its FiberQuest unit — which distributes polyester staple fibers and cotton — as a separate company.    More

Spain's Cristian Lay Group buys two materials units of bankrupt LSB

April 17, 2014 11:11 am ET

Spanish industrial conglomerate Cristian Lay Group has purchased two of the bankrupt Spanish PET packaging group La Seda de Barcelona.    More

MGS buying N.Y. medical molding plant from Hospira

April 17, 2014 10:19 pm ET

MGS Manufacturing Group is purchasing the Buffalo, N.Y., injection molding facility and related product line of Hospira Inc., effective July 1. Terms ...    More

Image

Navigating the rough seas of selling your company

April 17, 2014 2:47 pm ET

For family owned plastics firms who survived the Great Recession, many wonder: Is it time to sell, retire and sip cocktails on the beach? Or, maybe...    More

EU moving closer to rules that will reduce plastic bag use by 80 percent

April 17, 2014 10:54 am ET

European Union countries could have to reduce the use of plastic shopping bags by at least 80 percent by 2019 under draft rules backed by the European...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events