TORONTO — Royal Group Technologies Ltd. will build a vinyl extrusion facility in Milford, Ind., and introduce window and other profiles there.
Royal said June 2 it completed the acquisition of CTB Inc.'s vinyl extrusion assets and business in Milford. Royal will build a 100,000-square-foot facility, about double the size of CTB's leased facility in Milford, said Vic DeZen, Royal's chairman, president and chief executive officer.
Royal acquired CTB's vinyl fence, deck and dock products business and will continue the business under the Royal Crown Ltd. name. The Toronto extrusion giant estimated the business had sales of about US$9 million last year after growing at a double-digit pace over five years.
Royal Crown complements Royal's other fence and deck products and adds a third manufacturing operation for it. Mark Badger, Royal communications vice president, said its other fence and deck facilities are in the southwest United States and in Ontario.
Badger said officials would not disclose the cost of the new Milford facility or equipment details. Neither company would disclose how much Royal paid for the CTB extrusion business.
Denny Yoder, former CTB product development manager, was appointed president of Royal Crown.
Yoder said in a news release that Royal and CTB have entered a 50-50 joint venture to make and market products such as feed systems tubing for agriculture. Badger said in a telephone interview that Royal will be responsible for manufacturing while CTB will market the products.
Susan Hight, CTB advertising manager, said her firm eventually will take over the existing Milford facility when Royal Group completes its own plant nearby. Royal did not provide a timetable for the new plant's completion.