Davis-Standard LLC is showing its extruders at K 2007, and busing people to its packaging-equipment in nearby Erkrath, Germany. Private equity has jumped into the plastics machinery business in a big waymost recently with announcements that Onex Corp. was buying Husky Injection Molding Systems Ltd. and Bayside Capital Inc. would pick up a controlling interest in Milacron Inc. Davis-Standard President Charles Buckley knows a lot about private equity; he led an investor group, backed by equity firm Hamilton Robinson LLC, to buy the machinery company. Why is so much private equity cash flowing into plastics machinerya difficult business with low profit margins these days? Buckley shared his thoughts with Plastics News.
D-S chief Charles Buckley talks about private equity ownership
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