Tekni-Plex buying Tech-Seal assets

By Jim Johnson
Senior Staff Reporter

Published: August 8, 2014 12:55 pm ET
Updated: August 8, 2014 1:06 pm ET

Image By: Tekni-Plex Inc. Tekni-Plex makes closure liners, medical tubing, high barrier films and thermoformed containers.

Related to this story

Topics Medical, Mergers & Acquisitions, Film & Sheet, Thermoforming, United States

Tekni-Plex Inc. is acquiring the assets of Tech-Seal Products Inc., a maker of closure liners and inner seals in West Virginia.

Tech-Seal of Triadelphia, W.Va., near Wheeling, serves the food, pharmaceutical, cosmetics and industrial markets.

Tekni-Plex, based in King of Prussia, Pa., operates in the healthcare, specialty packaging and food packaging markets. The company’s products include closure liners, medical tubing, high-barrier pharmaceutical films and thermoformed containers,

Tech-Seal began operations in 1982.

The deal should close in August, Tekni-Plex said.


Comments

Tekni-Plex buying Tech-Seal assets

By Jim Johnson
Senior Staff Reporter

Published: August 8, 2014 12:55 pm ET
Updated: August 8, 2014 1:06 pm ET

Post Your Comments


Back to story


More stories

Image

Ebola scare, ACA could drive health care growth

October 30, 2014 2:45 pm ET

Bill Wood's new forecast for medical supplies and equipment calls for an increase of 6.6 percent in the total output of these products in 2014, and...    More

Image

Magna opens new exterior facility, plans for lighting investment

October 30, 2014 1:36 pm ET

Canadian automotive supplier Magna International Inc. on Oct. 28 opened a new injection molding and robotic paint line facility in Delta Township,...    More

Image

PP prices rise, solid PS, PET drop

October 30, 2014 1:15 pm ET

North American polypropylene resin prices surged again in October, while regional prices for solid polystyrene and PET bottle resin continued their...    More

Image

Italian compounder opening first US plant

October 30, 2014 9:45 am ET

The song of the South has led Italian compounder So.F.Ter Group to open its first plant in the United States in Lebanon, Tenn.    More

Image

Xten may shut down, working on sale to Commercial Plastics

October 29, 2014 5:49 pm ET

Xten Industries LLC is working on a sale to Commercial Plastics Co. of Mundelein, Ill. Xten, an injection molder based in Kenosha, Wis., filed a Worke...    More

Market Reports

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 million dollar 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

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

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