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

Ferro acquires TherMark Holdings for $5.5 million

February 26, 2015 12:15 pm ET

Ferro Corp. said it acquired privately held TherMark Holdings Inc., a laser marking technology company, for $5.5 million in cash.    More

Image

Serbia puts Krušik-Plastika up for sale

February 26, 2015 11:39 am ET

The Serbian Privatization Agency has launched the privatization process for local plastics maker Krušik-Plastika. The agency says it is...    More

Image

3i to sell specialty chemicals company Azelis to Apax Partners

February 26, 2015 11:36 am ET

Azelis Holding SA, the specialty chemicals distributor, is being sold by its private equity owners 3i Group plc to another private investment outfit, ...    More

Image

Amut buys Dolci and Bielloni

February 25, 2015 3:41 pm ET

Amut SpA, the Novara, Italy-based maker of extruders, thermoforming machines and plastics recycling equipment, has acquired the Italian company that...    More

Image

Tekni-Plex buying Galazzi pharmaceutical film and tape units

February 25, 2015 3:13 pm ET

Italy's Tekni-Plex Europe NV, a subsidiary of U.S.-based Tekni-Plex Inc., has announced that its plan to acquire Gallazzi SpA's Italian-based pharmace...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events