Dura-Line invests $10 million in pipe plants

By Catherine Kavanaugh
Staff Reporter

Published: January 31, 2014 2:04 pm ET
Updated: January 31, 2014 2:05 pm ET

Related to this story

Topics Construction, Mergers & Acquisitions, Pipe/Profile/Tubing, Extrusion

Dura-Line Corp. will spend $10 million over the next six months on technology and infrastructure that will increase capacity at three of its 10 U.S. plants.

The Knoxville, Tenn.-based company also is realigning management of two core businesses that serve North American pressure pipe and conduit customers in a wide range of markets, including communication, energy, water and gas distribution sectors.

Vince Dimino was named president of infrastructure business solutions for the United States and Canada and Dale Wilson is president of datacom and power solutions for the two countries.

The management change will help Dura-Line meet various U.S. market challenges, such as raw materials sourcing, diverse needs of end users and distributors, tailoring new products to specific requirements, according to company spokeswoman Tanya Kanczuzewski.

Ever since it acquired PolyPipe Holdings Inc. in April 2012, Dura-Line has been trying to strengthen its U.S. footprint.

The PolyPipe purchase for undisclosed terms dramatically broadened Dura-Line’s pressure pipe product lines by size, feature and function and they now span a range from a half-inch to 63 inches, Kanczuzewski said.

The investment to increase capacity will be made at production plants in Gainesville and Midland, Texas, and one in Elyria, Ohio. The technology upgrade will include extruders, gravimetric controls, monitoring systems and automation.

“With the realignment into two separate business units and investments, our goal is for significant growth and profitability in the U.S. for 2014 and beyond,” Kanczuzewski said.

Dura-Line ranks seventh among pipe, profile and tubing extruders with extrusion sales of about $500 million, according to the latest ranking by Plastics News.


Comments

Dura-Line invests $10 million in pipe plants

By Catherine Kavanaugh
Staff Reporter

Published: January 31, 2014 2:04 pm ET
Updated: January 31, 2014 2:05 pm ET

Post Your Comments


Back to story


More stories

Image

Amcor buys Chinese flexible packaging plant

December 18, 2014 1:47 pm ET

Australian-based global packaging company Amcor Ltd. is buying a Chinese flexible packaging business for 211 million RMB (US$31.4 million).    More

Image

Soy-based foam improves window performance, sustainability

December 18, 2014 12:51 pm ET

Launched in April 2013, Madison, Wis.-based WFI Global LLC is making a name in the fenestration market with what it says is a distinct product...    More

Image

Indian auto parts maker set to buy assets in Germany, Mexico

December 18, 2014 10:35 am ET

Indian auto parts maker Samvardhana Motherson Gropup is buying the assets of insolvent German plastics car parts producer Scherer & Trier (S&T).    More

Image

Sweden's Indutrade buys Belgian packaging firm Verbeek

December 18, 2014 9:42 am ET

Sweden's Indutrade AB has purchased all the shares in Belgium's Verbeeck Packaging Group.    More

Image

Röchling buys two UK firms

December 18, 2014 9:24 am ET

Germany's Röchling Engineering Plastics SE & Co. KG has expanded its presence in the high-performance plastics market by acquiring two British firms &...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

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

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events