Davis-Standard LLC is buying Harrel Inc., a maker of small extruders for medical tubing and appliance tubing markets, and will move Harrel's operations from East Norwalk, Conn., to Davis-Standard headquarters in Pawcatuck, Conn.
Davis-Standard will continue to offer the existing Harrel line, and key Harrel employees will remain with the business, including David Madar, Harrel's President. Madar will join Davis-Standard in a key role to continue customer support for the product line.
Davis-Standard bought Harrel from the Harris family. Holton Harris founded Harrel in 1958.
Terms of the deal, announced Oct. 27, were not disclosed.
Harrel is best known for its technology for producing close-tolerance medical tubing. It's novel technology, said Jim Murphy, president of Davis-Standard Extrusion Systems, in an interview at K 2010 in Dusseldorf.
One important extrusion innovation for Harrel is a technology that can produce continuous tubing with compositions varying from 100 percent of one polymer to 100 percent of another polymer including changing from a hard material to a soft material.
Davis-Standard said the system has been especially beneficial in demanding medical-tubing applications to create catheter products with unique design features. Davis-Standard will have the technology available for demonstration at its technical center in Pawcatuck.
Another Harrel invention, the Tubetrol system, gives tight-tolerance closed-loop control of both outside and inside diameters and the thickness of each layer, as well as a fully integrated extrusion line for bump or taper tubing.
Murphy called the acquisition a very positive development for Davis-Standard, Harrel and the customers of both companies. Harrel is a well-known and respected brand name within the medical-products industry. The combination of Davis-Standard and Harrel will enable our joined forces to more effectively support our customers to serve this growing market segment.
In Dusseldorf, Davis-Standard President Charles Buckley said Davis-Standard will strengthen Harrel, which he said did not have a sales force.
This is a company that had been neglected, Buckley said.
Medical tubing is the strongest application for Harrel extruders, but Murphy said Davis-Standard will expand the markets for the equipment.
Buckley noted that Davis-Standard bought another Connecticut extruder maker, Merritt Extruder Corp., in 2005. It's probably quadrupled in size since we bought it, he said.