Dynaplast-Extruco, Vision form profiles joint venture

By Michael Lauzon
Correspondent

Published: July 30, 2013 4:35 pm ET
Updated: July 30, 2013 4:38 pm ET

Related to this story

Topics Joint Venture, Construction, Windows & doors, Extrusion, Pipe/Profile/Tubing

A newly formed vinyl profile joint venture in Quebec will use Dynaplast-Extruco Inc.’s Montreal plant for production of window and door profiles.

Dynaplast-Extruco teamed up with Vision Extrusions Ltd. of Woodbridge, Ontario, in June to form Nextrusions, an affiliate of Vision Group. Vision Group is owned by by Vic De Zen, who founded major vinyl extruder Royal Group Technologies Ltd., which was sold to Georgia Gulf Corp. in 2006.

Dynplast-Extruco President Gérald Gravel said in an email that Nextrusions will add more profile extrusion lines to what exists in Montreal. He said Dynaplast-Extruco also will continue as a separate company.

Gravel has been named president of Nextrusions.

“Considering our existing customer base in Quebec, it was part of our strategic planning to evaluate an implementation in the region,” said De Zen. Vision Group runs several plants in Vaughn, Ontario, north of Toronto’s airport. Plastics News estimates Vision Extrusions had sales of about US$150 million in 2012.

Window producers in Quebec should benefit by having greater access to new technology through the partnership, the companies claimed in a June 25 news release. Dynaplast-Extruco extrudes vinyl profiles for windows, doors and technical applications.

ZZen Group of Cos. Ltd. is a company De Zen founded in 2002 to develop industrial sites. De Zen launched his manufacturing operations, Vision Group, in 2008. Companies within Vision Group include Vision Extrusions; Reliance Basement Windows, which makes vinyl windows; Vision Outdoor Products, an extruder of vinyl railings, columns, fencing and gates; Vision Hollow Metal, a producer of aluminum profiles; Sunview Patio Door, which makes vinyl and aluminum patio doors; and Titanium Transportation, a shipping concern.

De Zen founded Vision Group after leaving Royal Group Technologies in 2004. The extrusion specialist went to trial in 2010 with several other Royal Group executives charged with fraud in two business transactions. A judge ruled the charges had no merit and De Zen and other officials were exonerated.

De Zen told a newspaper in 2012 that Vision Group had annual sales of C$400 million (US$384 million), more than 1,000 employees and nine manufacturing plants.

Gravel stated in a news release that building material suppliers need to improve their operations daily to remain competitive.

Gravel said Dynaplast-Extruco was formed in 2001 by the merger of two existing companies that were established in 1988 and 1989. Management bought Dynaplast-Extruco from Tessenderlo Chemie NV of Brussels in the fall of 2011.

 


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Dynaplast-Extruco, Vision form profiles joint venture

By Michael Lauzon
Correspondent

Published: July 30, 2013 4:35 pm ET
Updated: July 30, 2013 4:38 pm ET

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