Nyloncraft buys former NYX facility in Fort Wayne, Ind.

By Rhoda Miel
News Editor

Published: June 10, 2013 3:36 pm ET
Updated: June 10, 2013 3:37 pm ET

Related to this story

Topics Automotive, Mergers & Acquisitions, Injection Molding

The Techniplas Group has continued to build up its capabilities in under-the-hood automotive plastics with its Nyloncraft Inc. acquiring an Indiana maker of brake reservoirs, surge tanks and suspension components.

Nyloncraft will add the former NYX Inc. facility in Fort Wayne, Ind., to its holdings, which specialize in vacuum boost technologies and structural parts for the auto and heavy truck industries, the companies announced in a June 10 news release.

“Under-the-hood components are critical areas of focus when looking toward the future of fuel-efficient vehicles,” said Jim Krzyzewski, president and CEO of Nyloncraft, based in Mishawaka, Ind.

The Fort Wayne site will also supplement Nyloncraft’s capabilities in providing parts for small engines and sealed plastic welded products, he said.

The operation will operate as NCI Fort Wayne.

Kim Korth, president and CEO of Techniplas and CEO of the group’s Dickten Masch Plastics LLC of Nashotah, Wis., said the deal will also allow the Fort Wayne operation of Livonia, Mich.-based NYX to become part of a more global company.

Techniplas is the group recently formed by investment group Patmian LLC to oversee its plastics operations, including Nyloncraft, Dickten Masch and Vallotech SA of Vallorbe, Switzerland.


Comments

Nyloncraft buys former NYX facility in Fort Wayne, Ind.

By Rhoda Miel
News Editor

Published: June 10, 2013 3:36 pm ET
Updated: June 10, 2013 3:37 pm ET

Post Your Comments


Back to story


More stories

Image

Lund adds to aftermarket auto products portfolio with buy of Bushwacker

January 29, 2015 2:49 pm ET

Lund International Inc. has expanded its portfolio of plastic aftermarket vehicle accessories by acquiring Bushwacker Inc.    More

Image

Chemtrusion, Mytex Indiana compounding plant set for expansion

January 29, 2015 1:35 pm ET

Japanese and American partners in a compounding plant in Indiana plan to expand the facility.    More

Image

Falcon Plastics expands in South Dakota

January 29, 2015 11:45 am ET

Falcon Plastics Inc. is putting the final touches on a 60,000 square foot addition that will nearly double the size of its Brookings, S.D.,...    More

Image

Plastics News Now: Losing weight with style, plastics in the Dragons' Den

January 29, 2015 6:00 am ET

A 19-year-old entrepreneur brings business to a U.K. injection molder after winning support on TV's Dragons' Den, auto suppliers combine...    More

Image

African equity fund invests in Kenya's General Plastics

January 28, 2015 4:24 pm ET

An African investment fund specializing in agriculture has invested in Kenyan packaging firm General Plastics Ltd. to provide funds to expand in the r...    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