TORONTO - Alpha Marathon Manufacturing Inc. increased its blown film systems production capacity by merging with Addex Inc. Officials did not provide terms of the deal between the two private companies, announced by Alpha Marathon on April 12.
Alpha Marathon marketing director Chris Amell said the merged company will keep operating Alpha Marathon's assembly plant at its Mississauga, Ontario, headquarters and Addex's ma-chining facility in Brampton, Ontario.
The expanded company will continue with the Alpha Mara-thon name, but may decide on a new name.
Amell said the merged company's current annual sales are about C$14 million (US$10.3 million) and it expects sales of C$22 million (US$16.2 million) next year. Alpha Marathon's sales growth spurred it to subcontract work to Addex prior to the companies' merger.
In October the two firms agreed to manufacturing rights for each company's patented products.
Alpha Marathon started in 1989 as a component supplier for dies and air rings, but in recent years emphasized complete blown film systems using its automatic winders. Amell said its sales in Europe and South America have grown rapidly. Addex, also founded in 1989 as a components supplier, specialized in its patented Gauge Band Randomizer oscillating haul-off.
The merger brings together again Alpha Marathon founder and President Alfredo Bentivoglio and Addex founder and President Ricardo Rodriguez. They earlier co-founded the former Polysys-tem International Inc., a Missis-sauga blown film systems supplier that went bankrupt in 1991, a few years after they sold the company. Alpha Marathon bought rights to Polysystem technology after it went bankrupt.
Bentivoglio is president of the merged company and Rodriguez is vice president of engineering and manufacturing.
The Addex product line will remain available from Addex's sales office in Boston. Alpha Marathon continues with its product line and adds the Addex gauge band randomizer, which it will market as the Horizontal Film Oscillator.
Amell said the merger will not affect Alpha Marathon's joint venture in Brazil with A. Carnevalli & Cia. Ltda., set up last year to build coextrusion lines. He said his firm also recently agreed with Cantair Polyair Inc. of Toronto to supply complete bubble packaging film lines.
Cantair has technology to convert film to blister packaging and has five facilities in the United States.